Most traders think they have an edge. Almost none of them can prove it. Ask a discretionary trader why they bought a stock and you will hear things like “it looked strong,” “the chart set up nicely,” or “I had a good feeling about...
You found a system that works. The backtest looked clean, the equity curve pointed up, and for a while it did exactly what you hoped. Then the market changed, the system went quiet or slipped into a long drawdown, and you were left staring at your screen wondering...
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...
