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Good
Systems strategy
A good Systems
strategy must address all aspects of a trade. Many
investors focus only on Setups or which stock to trade
and an approximate date and price to enter the trade.
One thing that most trading experts agree upon is that a
successful trader will decide their exit conditions
before entering a trade. If you think about it, TC2000
and TCNET focus on helping you find Setups leaving the
issue of when to enter the trade and close it out up to
you.
Setup, Entry, Exit
Therefore a more
robust approach includes Setup, Entry, and Exit
components. The following series of pages will show you
how TC-Companion helps you build, test, and analyze your
plan using all three of these components. At the end, a
few additional features of TC-Companion not directly
related to Backtesting will be presented as well.
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