Introduction to Ken FisherKen Fisher is a renowned figure in the investment world, best known for his astute market predictions and insightful financial writings. One of the defining moments in his career was accurately predicting the 2000 technology bubble burst, which solidified his reputation as a top-tier financial analyst and strategist.Brief Bio of Ken FisherKen Fisher, born on November...
The Genius of Kevin DaveyKevin Davey's trading journey is an exemplar of how technology can transform personal finance and investment strategies. His ascent in the world of finance began during a watershed moment when he successfully turned a modest sum into a significant fortune in a worldwide trading competition. This not only showcased his innate trading acumen but also set the stage for his...
Introduction to Risk Management for TradersWhat is Risk Management in Trading?Risk management for traders is the process of identifying, assessing, and mitigating the potential losses associated with trading activities. It's a crucial aspect of any trading strategy because it helps traders protect their capital and sustain long-term profitability. At its core, risk management is about making...
Introduction to The Different Types of StocksStocks are foundational to building wealth in the financial markets, representing ownership in a company and a share in its profits. For investors, they offer the potential for significant returns, but with this opportunity comes a need for informed decision-making. Understanding the different types of stocks is essential for building a strong,...
Global Stock Market Update - 5 August 2024Just a quick update - the data in the charts and table below was up to date as of Friday's close... today the Nikkei is down a further 13% today when I last checked. This is a BIG deal, I am watching with interest what happens next! In particular it will be important to see how the rest of the global markets respond... correlations could be very high...
Introduction to Identifying Trading ScamsHave you ever come across an investment opportunity, website, or course that made you wonder if it might be a trading scam? As a seasoned trader and the founder of Enlightened Stock Trading, I've seen my fair share of suspicious claims. In this guide, I’ll help you spot the red flags that often signal a scam, starting with the type of results they...
Introduction – Why we Should Learn from Famous TradersOverview of Famous TradersThe world of trading is filled with famous traders and trading legends who have left an indelible mark on financial markets. These traders have not only amassed fortunes but also provided invaluable lessons and insights that continue to influence traders today. By studying their strategies and approaches, modern...
Global Stock Market Update - 29 July 2024The long awaited correction in tech stocks continued last week with the Nasdaq off 2.6% for the week. At this magnitude of decline though, it is very much still a correction - certainly not a 'rout' or a 'crash', especially in the context of the Nasdaq's 22% gain over the last 52 weeks. There may very well be another strong leg up, but we will have to...
So today we are talking about beyond the backtest, better optimization and robustness testing. And look, I don't know about you, but it's pretty easy to put a bunch, I think it's pretty easy anyway, to put a bunch of indicators and rules into some backtesting software and mash the backtest button. And then it's also pretty easy to throw a whole bunch of other indicators and filters and rules...
IntroductionWhen it comes to trading system optimization, many traders unknowingly fall into common traps that lead to unreliable backtest results and poor real-time performance. In this article, we delve into the subtleties and concepts that are often overlooked, providing a comprehensive guide to optimizing your trading systems effectively.Are Your Backtest Results Realistic?Many traders worry...
IntroductionIn the ever-fluctuating world of trading, the one truth that stands the test of time is that predicting the future with 100% certainty is virtually impossible. With over 20 years of firsthand trading experience, I've learned that the key to sustainable success lies in preparation and systematic trading. Today, we'll delve into how you can achieve consistent trading results regardless...
Global Stock Market Update - 25 June 2024The chart below tells a lot of the story right now... The US Market is leading with a fairly smooth uptrend The ASX has been languishing in a malaise of sideways price action for months The TSX has been much the same as the ASX but the recent slightly lower low is hinting at some impending weakness if the previous day's rally doesn't follow through...