The first thing is being consistently profitable, and the second thing is having the discipline to stick to your system. I want to be clear that trading is not like a day job, compared to going to work, getting paid, there is very little consistency in your returns...
What trade tracking software should you use? I use AmiBroker for all of my backtesting, monitoring, scanning for new trades and monitoring my portfolio and in my actual trades are in Interactive Brokers. For more stock market questions, click here to find all my...
PROBLEMS MOST STOCKTRADERS FACE After coaching and mentoring many traders in different markets, I realized and noticed most problems traders face. They are categorized under the following: Overload of Information There is much information in the market nowadays; data...
Why Use AmiBroker? Amibroker is an extremely powerful trading software for backtesting, trading system development, system optimisation, Monte Carlo simulations, explorations, position sizing and even automation. It is extremely powerful and outstanding value for...
Many traders like to refer to multiple timeframes in their trading systems. For example, a daily trading system may refer to dat from the weekly chart as a “Higher Timeframe” for the trend filter or other indicators. This can be done using the Amibroker TimeFrameSet...
