Automated Stock Trading Systems

Automated Stock Trading Systems: A Systematic Approach for Traders to Make Money in Bull, Bear and Sideways Markets, Laurens Bensdorp, Lioncrest Publishing, 2020

This book presents one person's automated method to make money in the stock market under any sort of market conditions.

The author emphasizes that his system should not be copied. You, the reader, have to decide what works best for you. Do you want to make big profits from few trades, or smaller profits from multiple trades? What is your tolerance for risk or volatility? It's easy to say that you accept the possibility of losing lots of money. Will you still feel that way, and stick with your system, when the balance in your trading account drops by, say, 25 percent? Do you want to specialize in one type of stock, like penny stocks or the S&P 500?

It's very acceptable (it's also a good idea) to have several different trading "systems" going at the same time. You don't want to put all your money in one place, for instance, betting that the S&P 500 will continue to go up. What if there is a major sell-off, like during the 2008 Great Recession? It's very reasonable to bet that the market will go up, or down, at the same time (you make money either way). Everything is based on what a stock has done, and not on trends, or fundamentals or Secret Tips available only from the author.

This is a very interesting book. For anyone who is serious about stock trading, reading this book is a very good idea.