The ability to trade profitably using electronic front-end trading systems is an elusive quality that has so far evaded full explanation and quantification. Many experienced, less-experienced and novice traders have attempted to trade electronically in a bid to outperform their competitors but have seldom been able to maintain consistent profitability as markets change. In addition, many traders have little understanding as to why they trade in certain ways, and often cannot articulate the basis for their behavior.

Sometimes failure is a result of employing traditionally acknowledged bad trading habits, misunderstanding visual cues, or the invasion of destructive emotional behavior. Whatever the reason, often a trader’s mediocre performance is not the result of a lack of talent, but rather of an unawareness of the variables that affect his performance.

Diligent and thorough review of past trading performance is imperative to continual improvement in the markets. We firmly believe--and have seen first-hand--that from reviewing and better understanding their interaction with the market, traders can make modifications to their methodologies and actions that can have an immediate and profound impact on their performance and results.