Capstone Trading Systems is owned and operated by David Bean and provides trading information and automated trading systems to its clients in the commodity, futures, forex, and stock markets. The mission is to provide trading systems that will exceed average returns while minimizing risk and meeting individual client needs.
David Bean has been trading the financial markets for 17 years, beginning with stocks in 1995 and futures in 1996. In 1997 he began developing automated trading systems, first specializing in the currencies and then migrating to stock index futures. He is currently registered as a Commodity Trading Advisor and has managed money for and consulted hedge funds and individual clients.
His formal academic studies include a BS in Electrical Engineering from Texas A&M University in 1994. He Worked in government and corporate wireless telecommunications from 1995-2000 and became a full-time trader in 2001.
His recent accomplishments include publishing his first book, “Seven Trading Systems for the S&P Futures”. In this new book published in July 2010, seven trading systems are completely disclosed, showing how to day-trade gap patterns. There are four different gap patterns to learn. The strategies are designed in Tradestation. You will also learn about the PT/SL ratio, combining strategies, the secrets to optimization, and more.
Testing new strategy ideas based on daily observations is part of the process of keeping up with the markets. Mr. Bean has spent numerous hours using technical analysis and doing statistical market research, testing 1000′s of strategies and ideas, in order to develop the current trading systems and money management methods. “You can literally test 100′s of trading strategies and ideas before coming up with one that can be considered valuable. When I first started developing trading strategies the opposite (flipping short entries with long entries and visa versa) of my original idea is what usually worked best.”
Mr. Bean truly loves what he does and considers his profession a hobby. Mr Bean’s trading philosophy is not to make predictions or to pick market tops and bottoms but to trade the current price and moment in time using his time tested trading systems and algorithms in the commodities and futures markets. The methods are very short term in nature and are designed to first manage risk and then to achieve above average returns.
Favorite Market Wizard – Ed Seykota (fellow Electrical Engineer)
Hobby when not trading – loves fitness and believes in managing his health and staying active are keys to managing the stress and sedentary nature of trading and research.