44 CHAPTER ◆ 3 Overview of the Trading/Investment System Development Methodology
continuous improvement will concentrate efforts on eliminating waste in all processes of
a trading organization.
Through small innovations from research and entrepreneurial activity, trading and
money management firms can discover breakthrough ideas. These include, among other
things, the creation of new trade selection algorithms, application of existing systems to
new markets, and the implementation of new technologies for more efficient trade execu-
tion. Through continuous improvement, trading firms can extend the maturity stage of the
trading/investment system life cycle.