Also available for Download From Manual Trader to Automated Trader - Ranjit Prasad EPUB version.
Description & Overview
Your strategy is not the problem. The person executing it is.
Most retail traders lose not because their rules are bad, but because they cannot follow them at 3 a.m., after a losing streak, or while at work. This book shows you how to take a trading idea you already have and turn it into a system that runs by itself: on your rules, with your risk limits, 24 hours a day, without you at the screen.
No coding. No programming background. Every step is written so a non-technical trader can copy it exactly.
You will learn how to:
- Turn a vague trading idea into exact rules a machine can follow
- Backtest it in TradingView without writing code
- Build in position sizing, daily loss limits and kill switches before you automate anything
- Set up TradingView alerts and webhooks the right way
- Connect alerts to MetaTrader 5 and run the whole system on a rented server
- Monitor it from your phone, and know when to build it yourself versus pay a done-for-you service
Written for traders in the USA, India and worldwide, with appendices on regulation and tax for both countries, a glossary, and copy-and-paste templates for your rule sheet, risk sheet and go-live checklist.