To pull the trigger and take your new system, certain things have to be in place. First is understanding the rules of my system completely, to be consistent with the paper trading process to know I'm doing the right thing every day, not fumbling, and not making...
Using Systems for Successful Crypto and Stock Investing with Adrian Reid - EP #19Get started trading crypto the right way and accelerate your trading results. Download The Crypto Acceleration Bundle!The Crypto Acceleration Bundle Does 3 Things:📈 Gives you the critical...
It depends on the trading system and the markets that you are trading. The primary principle is to have a level of slippage and commissions in your backtest that represent what you would get in real life. So if you had a system that traded Australian small-cap minors...
You've got to trade carefully when the system tells you to trade. When trading systematically, we follow the rules, so we're not saying, "I'm holding ETH, but now I want to hold ADA. So I convert my ETH to ADA." And, "I'm holding ADA, now I want to hold Solana so I...
Smashing the myths and misconceptions about stock trading is important to me because I know some of these myths contribute to the high failure rate of new stock traders. Let's dig in and look at some common myths and why they are just WRONG!1. “Stock trading is only...
In Amibroker when you backtest your trading system, one of the most important performance statistics to evaluate is the maximum historical drawdown. When we talk about the maximum historical drawdown of a system, we want to find the percentage drop from a high in the...
Hey, Adrian here. And have you seen what is happening in crypto markets this week? I want to take a little time and just share with you some thoughts about what's happening in the crypto markets right now and what it means for you as a trader. This is really, really...
Trading is the biggest lesson in patience that you'll have even more than kids. The market doesn't give us the profits when we want them. The market provides us with the profits when the market gives us the profits. The market doesn't care whether we've had several...
Before you started trading systematically, you had some open trades for whatever reason you had. Should you close those trades now that you're going to trade systematically so you can follow the rules? You don't have to close it. If you had an informed and educated...
Freight Train is a pretty long-term trend following system. If you look at a backtest report in Amibroker, it'll tell you the average duration of all trades, winners and losers. The average duration of winners is long because the way it makes money is you get into...