by Adrian Reid | Famous Traders
Ed Seykota is the trader who put trend following on a computer. In 1970, working at a brokerage house, he began testing mechanical trading rules using punched-card computers, and in doing so helped create the discipline now called systematic trading. He is better...
by Adrian Reid | Trading Strategy
Mean reversion and trend following are opposite bets on what price does next. Mean reversion assumes that a sharp move away from a normal level tends to snap back, so it buys weakness. Trend following assumes that a move underway tends to continue, so it buys...
by Adrian Reid | Trading Strategy
Position trading is holding a stock for weeks, months or longer to capture a sustained move, rather than trading in and out of short-term swings. It is the slowest of the active trading styles and the one that fits an ordinary working life best, because decisions are...
by Adrian Reid | Stock Trading Systems
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...
by Adrian Reid | Learn Stock Trading
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...
