Laurens Bensdorp's "Automated Stock Trading Systems" delves into the intricacies of systematic trading, offering a practical guide for building and implementing profitable automated systems. The book emphasizes the importance of diversification and risk management, advocating for a multi-system approach to mitigate losses and enhance returns. Bensdorp shares his personal journey, highlighting the challenges and successes of developing and deploying numerous automated trading strategies. Readers gain insights into various trading techniques, including mean reversion and trend following, and learn how to create robust systems that adapt to changing market conditions. The book is a valuable resource for both novice and experienced traders seeking to improve their trading performance through automation.
Laurens Bensdorp's trading journey began with years of losses as a discretionary trader. Frustrated by inconsistent results and mounting stress, he embarked on a mission to develop systematic trading approaches. His goal was simple but ambitious: create reliable systems that would deliver steady returns while minimizing losses.
This transformation wasn't overnight. Through years of careful development and testing, Bensdorp gained deep insights into the cyclical nature of his trading systems - understanding when they were likely to generate profits or face losses. His persistence paid off. By eventually creating and implementing over 55 different trading systems, he achieved what seemed impossible: better returns, smaller drawdowns, and remarkably, less time spent managing his trades.
About Laurens Bensdorp
Laurens Bensdorp launched his finance career at a Dutch venture capital firm in 2000, where he discovered his passion for trading. After years of studying successful investors' methods, he developed automated trading platforms that maximize profits while minimizing time investment.
Featured in Van Tharp's "Trading Beyond the Matrix," Bensdorp went on to author two international bestsellers: "The 30 Minute Stocktrader" (2017) and "Automated Stock Trading Systems" (2020). Both books have been translated into multiple languages.
As the pioneer of personality-based automated trading systems, Bensdorp now co-hosts seminars with renowned trader Tom Basso and mentors elite clients. Through his foundation, Fundación Albenco, he supports educational initiatives for underprivileged children in Colombia.
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