Where do the best trading lessons and trading ideas come from?
Chances are if you are struggling then you are looking in the wrong place…
What Trading Lessons, realisations and System ideas have you had when you are going about your daily life?
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The Trading Mistakes Responsible for Blown up Accounts
In this video I talk about the Trading Mistake Responsible for Countless Blown up Accounts.
How to Manage the Trading System Development Process
The process of developing your own trading system can be quite daunting, especially the first few times you do it. It gives rise to so many questions:
– How do I convert my ideas to trading systems?
– Is my trading strategy sound?
– What is the best process to develop a system?
– Are my rules profitable?
– Is my trading edge stable?
– Are my rules robust?
– Have I optimized my rules correctly or are they curve-fit?
– Is my code accurate and realistic?
Have you been learning but haven’t actually started trading?
Are you amongst the countless traders who are stuck learning about the market but have not yet made the leap to start trading for yourself?
If that sounds like you then chances are this 1 thing is what you have been missing!
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 didnt 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!
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.
HUGE Reasons To Use Daily Charts And NOT Day Trade
The trading industry is hell bent on getting you to daytrade so that they make more commissions and can charge you higher fees for all of the real time services… Here are some important reasons to think differently about your trading strategy.
Measuring Your Trading Systems Performance | Stock Trading Tips
Designing and backtesting stock trading systems is a subtle art… many traders focus on the wrong metrics when they are optimizing and refining their systems. Make sure you are not among them!
Getting used to a new stock trading system
Have you had trouble getting used to trading with a new trading strategy or trading system? This video will help!
Increase profits by making subtle changes | Stock Trading Tips
Too many traders try to follow exactly the same indicators, trading strategies and trading systems… this makes most commonly known trading strategies worthless, but it only takes a subtle shift from these common strategies to generate great profits.