by Adrian Reid | Learn Stock Trading
“I’m just hitting the 18-month mark and I’d say I’m break even. I’ve lost a lot of money.” That is a real line from a real trader on a call with me. Eighteen months of screens, charts, courses and early mornings, and the scoreboard...
by Adrian Reid | Stock Trading Systems
A trader said this to me on a call recently: “I’m doing 10, 15 percent, but that’s purely because the market is really good. It’s not my skill, it’s just luck.” He was being harder on himself than he needed to be. But he was asking...
by Adrian Reid | Stock Trading Systems
Search for “quantitative trading” and you get a very specific picture of who is allowed to do it. A maths or physics degree, probably a master’s. Fluent Python, ideally C++. Tick data, machine learning and a desk at a hedge fund or a bank. Page one...
by Adrian Reid | Trading Strategy
Six gold systems built on price alone failed my testing. So I stopped looking at gold and started watching the market that drives it – US interest rates. Here is what 22 years of data says about gold and interest rates, and how one market can tell you when to...
by Adrian Reid | Famous Traders
Richard Dennis is the Chicago commodities trader who settled an argument by proving that trading can be taught. In 1983 he recruited a group of novices, trained them for about two weeks in a mechanical trend-following system, funded them with his own money, and let...
