The buy the dip strategy is the oldest advice in the market. So I built it into a proper rules-based system and tested it on every S&P 500 stock since 1990 – including the ones that later went bust. Here is what the data actually said about buying the dip....
Introducing brokers frequently rip traders off and cost you money forever. A trader sat down with me during Trader Acceleration Week, convinced he had a great deal. He was trading through Interactive Brokers, the same broker I use, so he assumed his costs were rock...
Automated trading systems changed my life for the better. A few years ago, my wife Stephanie booked a surprise weekend away. Beautiful spot. Lovely accommodation. One problem – no internet, no mobile reception, and I had not yet placed my trades for the Friday...
Slippage in trading is the difference between the price you expected to get and the price you actually received when your trade was filled. It happens on entries and exits, and it costs real money on every single trade. You ran a backtest. The results looked solid....
Everyone is talking about using AI for stock trading right now. Trading forums are full of it. Social media is packed with claims like “this AI bot turned my account around” and “I just ask ChatGPT which stocks to buy.” Most of those people are going to lose money....
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