In other words, what many of us are lacking in investing is discipline, which is something an investment strategy can give us. Of course, mechanical investment strategies aren't for everyone. As many people hate them as love them, and that's an issue we'd love to hear your views on the Mechanical Investing discussion boards . OK, budding Strategy Meisters, here are some ground rules for Foolish mechanical investment strategies. Er, hang on, we're getting off the topic here.
Simple things are better.
Sound intellectual basis. What we're after is something that has a rational basis to it. Minimise trading charges and stamp duty. Trading in shares costs a lot of money, and trading frequently makes these costs add up rapidly. Such higher returning strategies also tend to be more volatile.