Backtesting is the process of running a set of written trading rules against historical market data to see how they would have behaved. Done properly it tells you the shape of a strategy: how often it wins, how much it gives back, how long it can stay underwater, and...
The Australian market has no shortage of stock trading courses, and the difference between them is not price or polish. It is whether the course teaches you a method you can test for yourself. Everything else, including the instructor’s story, the platform, the...
Jim Simons was a research mathematician who built the most successful trading record ever documented, and he did it by refusing to think about markets the way markets are normally thought about. He hired scientists rather than traders, ignored company fundamentals...
One of the most honest things a trader ever said to me was five words long: “I made a lot of money and lost all of it.”. The problem was he didn’t correctly understand the risk of ruin. He was not unlucky. He was not trading a bad strategy, either....
I have read more than 150 trading books. Maybe 5 to 10 of them genuinely changed how I trade. Most of the psychology ones did not make that list, and I want to be honest with you about why before you spend another weekend reading. Every “best trading psychology...
