Adrian Reid says start with one trading system while you learn the mechanics, then move to three if you can. Three systems with $20,000 gives you useful diversification; $5,000 probably means stick with one. Each system demands time, mental energy, and testing work.
Start with one and then go in the direction of more and diversify and build a portfolio of systems that suits your level of capital and also the level of sort of time and capability you've got right now. When you first start trading running one system, you've got to be careful and you're learning the ropes and you're trying to understand the process and you're trying to learn how to place orders and all of that. But when all of that is easy and habit, then running two or three or four systems is very straightforward. So I'd like you to get to the point of at least three systems. And let's say three systems and 20,000 bucks is a nice combination because with 20,000 bucks you can diversify across three, depending on which three. But with 5,000 bucks you can't. So with 5,000 it would be probably one, depending on which market you're trading.
So that's, I guess that's, that's my, my thought. You start with one, try and quickly get to three, and then beyond that as well. How do you, how much do you want to invest in this both mentally time wise and in the development and testing?
