Have you ever looked at a new stock trading system (or have developed your own) and wondered HOW TO START trading the system?
Do you just start taking the signals the system generates? How big will the initial drawdown be? Is there a better way?
This video explains 2 approaches to starting a new trading system and how you can determine which is best in your situation…
Amibroker allows you to do a lot of analysis internally. However, when you are developing a trading system, sometimes you will need to export the portfolio equity curve for analysis in Excel after you run the backtest in Amibroker. This is not obvious in Amibroker so I created this video to show you how to easily do this export.
I was reflecting on a conversation from one of my recent Enlightened Stock Trading Certification Program coaching sessions and this message really came home to me. I really felt like it is just so important for you to understand, so I made this quick (super casual)...
Heaps of trading websites and system vendors promote their ‘high win rate trading systems’ or advisory services. The reality is the percentage of winning trades is one of the least important factors in your trading profitability. Expectancy of your stock trading system is far more critical and you should focus on this rather than pursuing trading systems with a high percentage of winning trades.
What is possible and realistic depends very much on YOU – your skills as a trader, how good the trading system is and how much risk you can comfortably take on.
When I first started, my objective was to ensure that I didn’t lose all my money! Now my objective is significantly more optimistic than that…
Trading mistakes have a disturbing impact on your ability to make money trading the stock market. Just like climbing a mountain, if you put one foot wrong you could loose a lot of ground…and get injured in the process. The same is true of your trading account.
Why do so many stock traders have trouble pulling the trigger and following through on their trading system development and execution? In this interview with Clinical Psychologist and Trader Dr. Taka Endo we uncover the reasons…and what you can do to avoid these problems.
I asked a large group of stock traders what their worst trading mistake ever was and got a huge number of responses…but they all boiled down to these 18 killer stock trading mistakes. Avoid these and you will be ahead of the majority of traders who lose money…but knowing what the mistakes are doesn’t solve your problem – you need a solution…so I have offered a solution to each of them as well! So here are the 18 biggest trading mistakes that came up…
I asked a large group of stock traders what their worst trading mistake ever was and got a huge number of responses…but they all boiled down to these 18 killer stock trading mistakes. Avoid these and you will be ahead of the majority of traders who lose money…but knowing what the mistakes are doesn’t solve your problem – you need a solution…so I have offered a solution to each of them as well! So here are the 18 biggest trading mistakes that came up…
Private stock traders have a very distinct advantage - are you taking full advantage of them? The video below is an extract from a webinar that I did in preparation for a speaking tour in India a while back and the ideas are really worth sharing...so I am posting it...