In the world of restaurants, some honors are distinguished as Michelin Star.
These stars are given to restaurants with extraordinary food. Out of over 15 million restaurants worldwide, less than 16,000 have earned a Michelin Star – just 0.10%.
Michelin-Star Chefs like Ellen Dukase, Gordon Ramsay and Masimo Botura are not just cooks. They are global celebrities who have changed good food.
What thrills me how these chefs take simple, everyday content and turn them into masterpieces. Even if you had their cuisine, it would be very difficult to rebuild the same dish.
Why?
Because great chefs do not just follow dishes – they customize as soon as they cook.
They twist tastes, adjust techniques and decide on years of experience. Many of these stages naturally come to professionals, but most are unknown to home cooks.
The same idea applies to system trading.
Build systems that optimize
When I began building a rule-based trading system in the early 1980s, I was lucky to meet Hedge Fund Manager Bruce Kovanar (Net Worth $ 7.7 billion).
Kovnar founded Caxton Associates in 1983 and grew to manage more than $ 14 billion at its peak. Since 1992, the firm has been closed for new investors.
I met him with his brother Richard, with whom I worked. When Richard introduced us, I did not know who Bruce was. He looked like a college professor – calm and baseless.
But after talking for a few minutes, I realized that he was a market magician.
I asked him if he had any advice for a young man in the 20s who were trying to create a trading system.
She smiled and said, “A great system is one that continues to customize.”
At that time, I could not fully understand what he meant, but I never forgot it.
Over the years, his advice proved to be great. Financial markets are always changing and must develop to maintain the trading system.
Market beating
When I created my latest system, Profit acceleratorI tested its rules on historical figures of 20 years.
It performed incredibly well in the laboratory, but the real challenge was determining how it would perform in real -world situations.
Now, it is getting closer to its one year anniversary. And the system is performing better than expectations. This is more and more 104%Defeating S&P 500 by 3.5x.
Profit accelerator It was made using publicly available research.
The idea that the market is well known better than speed, as the fact is that smooth speed (rather than jumping speed) is more predicated.
These concepts are supported by the Nobel Prize winning research and are also available to anyone wishing to excavate them.
But just as a home cook cannot repeat the recipe of a Michelin-Star Chef completely, the same is true to build and execute business systems.
The difference lies in small details and experts that come with only years of experience.
This is not only about following the rules – it is about knowing when they have to adjust them to maximize the performance. All those decisions make different decisions.
If you want a chance to see on my shoulder, while you try my latest trading system, Go here and I will show you how to start.
Respect,
Charles Mizrahi
Founder, Alpha investor