Trading Articles by Category

LEARN STOCK TRADING
AMIBROKER

Trading Articles by Date

Taking a profit WILL send you broke!!!

Taking a profit WILL send you broke!!!

In order to make money trading, you need to allow your winning trades to grow rather than as soon as you get a profit snatching a quick profit and closing that trade out. If you snatch the quick profit and close the trade out, you guarantee that you’re going to get a small win. Trouble is when you get a loss, that loss is always going to be bigger than that small win that you’ve managed to capture.

The 3 things you need to succeed as a trading system designer

The 3 things you need to succeed as a trading system designer

I have been developing trading systems for over 15 years and today I had to throw away 4 different systems I was working on because they didn’t make the grade… but the effort paid off because my fifth system idea was absolute GOLD.

The frustration and satisfaction at the end reminded me that these three things are critical for you to be successful as a trading system developer. This is true regardless of whether you want to trade stocks, futures, forex or cryptocurrencies!