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…
The Important Step Most Traders Are Missing
I work with more and more traders on creating their own “upward spiral” – a process unique to…
You Don’t Need a Perfect Idea – You Need a Process
First, a quote: “It is amateurs who have one big bright beautiful idea that they can never abandon.…
Case Study: Helping a Trader Improve Their Strategy
One of the most common questions I get from traders is something along the lines of: “Can you…