142 Trading is not a trading site in the traditional sense. If you are looking for signals, alerts or other type of trade specific content, this site is not for you. I want to be very up front about that. Though trading is discussed, it is purely in the context of system development.
There are many facets to systems based trading. The algorithm or set of rules in which trades are entered and exited is only one component. Other parts include technology to access the market, risk management, backtesting, optimization and more.
If you can relate to any of the following 142 Trading is for you
You have a desire to become a successful trader or investor
You want to overcome the emotional weakness that limits your success
You have the ability to work hard, accept responsibility and be honest with yourself
If you can relate to any of the following 142 Trading is NOT for you
You are looking for someone to give you the holy grail of trading
You are looking for someone to do the work for you
You cannot work hard, accept responsibility and be honest with yourself
Apologies for being direct, I'm just being honest. Trading and system development is not for everyone. It requires hard work, time and honesty. And in the end there are no guarantees.
But if you are willing to do the work, then you will see how low the barrier to entry truly is. And once you develop a system you will wonder how you ever traded without one.
If you do take the journey, here are some of the benefits you will discover
Increased success while decreasing the time you trade
You will no longer take the revenge trade
Your computer will trade while you do something else
You will have a style that matches your personality
You will no longer speculate but act based on probability
You will no longer stare at a monitor, read endless opinions or waste your day hoping something happens
Whether you take this journey in developing a system is your decision. No one can make it for you. This site will ask the questions to help you make that decision and should you choose to do so, will facilitate the journey.
Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime