You’re Closer to Profitability Than You Think
If there’s one thing in common with all the traders I’ve worked with, it’s this: They were closer…
Two Identical Trades – Can You Tell Which One Is Better?
(Note: this post is adapted from the Trading Success Roadmap product I’ll be officially offering soon.) A common…
My Unique Backtesting Process
When I first started backtesting, I set out to improve upon a strategy I was already trading manually.…
Using Excel to Improve Your Trading Strategy
One of the most valuable things I do with traders I coach is give them simple rules to…
The Biggest Time Saver in Developing Trading Strategies
First, a story about my history as a coder. When I began writing code in the late 90s,…
I Threw Away My First Profitable Strategy – Here’s Why
The first strategy I traded was a gap strategy and a continuation play. Gap up? Look to get…
Why I Started Backtesting
I began serious trading in 2005. My first strategy was purely manual and an imitation of what a…
Your Stop Loss Is Too Tight
Here’s a note from a fellow reader replying to my post on backtesting without stops. (I always get…
Want To Trade With Less Emotion? Here’s How…
One of the common themes among traders who come to me for help is a desire to eliminate…
Why I Backtest Without Stops
First, look at these two charts each with a trade plotted on each: Both of these trades were…