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.
It is written by Chris Shea who is an industrial psychologist and super-trader coach. It is a good ‘starter’ book and a useful reminder if your trading
So how are the financial markets making you feel this week? Hey is Adrian here from Enlightened Stock Trading…. As I record this video we've had a week of extreme volatility, all sorts of craziness and a whole lot of uncertainty in the financial markets. So I just...
Have you ever discovered that something you believed with all your being was WRONG… or at least not as right as you thought? I had one of these experiences today when working on a stock trading system for one of my students. I realized that the initial stop loss that I was using was hurting system performance … so I took it out and BOOM performance improved dramatically!
Warning…This post is a bit of a rant. Forex trading is everywhere at the moment and has been for a while. Is it really the panacea that it is promoted to be. Is it the best way to make money trading? What is my take on it as a professional stock trader and trading educator?
Hint: It is probably not what you think. Read this post to find out why…