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

Automated Stock Trading Systems by Laurens Bensdorp and Tom Basso explores combining multiple mechanical strategies into a diversified trading portfolio. It discusses mean-reversion and momentum models, historical backtesting and the value of strategies whose returns are not closely correlated. Drawdowns, expectancy, position sizing and money management provide a framework for assessing systems across different market conditions. The book also examines short selling and the psychological discipline required to follow predefined rules without impulsive interference. It suits retail traders and independent investors studying a systematic approach to portfolio construction and execution. It connects well with our guides on trading systems, trading psychology and risk management.