Some trading systems are very finely tuned to a particular set of market conditions. The result is they work well for a short period of time and then as soon as the market state changes they lose money rapidly… will your trading system survive a change in market conditions?
Some trading systems are very finely tuned to a particular set of market conditions. The result is they work well for a short period of time and then as soon as the market state changes they lose money rapidly… will your trading system survive a change in market conditions?
I am sitting around bored out of my mind while the removalists pack my house so we can rent it out while we travel for 9 months as a family… I am making a nuisance of myself and getting in the way while I wait for them to clear out the house.
Annoying in the real world, but the same thing happens in the markets when you get bored too… but it is much more dangerous!
In this first episode of "The Great Trading Debate", Adrian Reid from Enlightened Stock Trading debates with Brian McAboy from Inside Out Trading about which is more important, Your Trading System OR your Trading Psychology. Comment below and let us know what YOU...
Did you know that most active traders in the stock market lose money and quit without ever having made a profit? Do you want to know why so that you can avoid it and actually make money trading? My name's Adrian Reid and I'm the founder of Enlightened Stock Trading,...
Great trading systems are difficult to find because trader psychology prevents us from seeing or identifying some of the best edges that are available in the stock market. When you design a trading system your stock market edge needs to be stable and consistent over time, otherwise the trading system will stop working. The key to developing stock trading systems that are stable and continue to be profitable over time is to ensure you take advantage of the psychological mistakes other traders make…which cause them to miss the very best trading opportunities.
Watch this video to learn the two characteristics that all of the best trading systems share!
Video Transcript Did you know that the vast majority of entry triggers that many traders use have absolutely zero predictive value and I know better than random? My Name's Adrian Reid and I'm the founder of Enlightened Stock Trading and I've been a systematic...
I figured out something HUGE and if you are not consistent and profitable in your stock trading yet then you need to understand this secret! Most systematic stock traders out there are making the same mistake, if you look in all of the Facebook groups where trading systems are being discussed you will find countless traders doing exactly the same thing!
Watch the video to find out what it is and then leave me a comment below to tell me whether you agree or not…
Someone challenged me today, one of my facebook posts about my claim that stock trading is scientific that was saying that stock trading is a skill and is absolutely not scientific at all. So I recorded this quick video just to share my perspective about why I believe trading can be scientific and how you can use scientific principles to improve your stock trading.
In this post I explain why you need trading software and why Amibroker is likely to be the best fit for your requirements. In addition I explain that for stock trading systems, the best data source is Metastock End of Day data because of the exceptional value for money and broad market coverage. You can access a special offer for a month free subscription to try out the Metastock data with Amibroker. I also have included detailed videos to demonstrate the subscription process, installation of Amibroker and the Metastock software and how to connect them so they work together seamlessly.