The Trading Operational Plan
So far, we have approached the topic of algorithmic trading at a theoretical level. We have explained the basic functioning of the main financial markets, written algorithms, and tested them to understand their robustness. Imagine you have completed all the tasks described so far and have your own algorithmic strategy ready to go to market. In this chapter, we will try to describe how to move from theory to practice and how to organize algorithmic resources to achieve our trading objectives. By the end of this chapter, you will be aware of what a trading plan is, which is the better level of automation for your trading style, and how TradeStation and EasyLanguage can help you in real-life market trading.
In this chapter, we are going to discuss the following:
- What is an operational plan?
- A fully automated trading plan for futures
- A semi-automated trading plan on large stock lists
Remember that putting into practice the advice and...
