by Adrian Reid | Stock Trading Systems
AI can write you a trading system in minutes. That’s the problem. A system that compiles, places trades and shows a smooth backtest looks like progress. It isn’t, until you know whether it has a real edge, whether it was curve fit to the past, and what it...
by Adrian Reid | Learn Stock Trading
“Always use a stop loss.” It is the first rule most traders learn, and it is only half right. A stop loss matters. But how you set it, where you execute it and whether your system needs one at all are decisions you can test. When I tested three ways of...
by Adrian Reid | Stock Trading Systems
Two trading systems each make 20% in a year. Their monthly returns bounce around by almost exactly the same amount, so their Sharpe ratios are nearly identical: 1.21 and 1.20. One of them loses a little in half the months and makes its money in two big winners. The...
by Adrian Reid | Stock Trading Systems
I traded on gut feel for three years and couldn’t make money consistently. Then I made one change, and I’ve traded that same way for more than two decades. That change was moving from discretionary to systematic trading. If you’re reading this, you...
by Adrian Reid | Trading Strategy
Here is a question worth sitting with before you buy your first leveraged ETF. The Nasdaq-100 rises 10% one day and falls 9.09% the next. It is back exactly where it started. You owned a 3x leveraged ETF on that index the whole time. How much did you make? Most people...
