You’re Probably Backtesting Wrong
I’ve worked with a lot of traders over the years, many of whom are quite smart and able…
How to Handle Outliers in Your Backtest
Outliers are a tricky problem with backtesting. It’s not uncommon to see a backtest consisting of nice, consistent…
Create a Profitable ChatGPT Trading Strategy
Unless you’ve been hiding under a rock for several weeks, you’re probably aware of ChatGPT, the chat-based AI…
The Best Way to Visualize Your Backtest
When backtesting, it’s easy to get lost in the data. What parameters lead to the most profitable overall…
Should you EVER take Partial Profits? (Scale Out)
What is a Partial Profit or Scaling Out? Taking a partial profit or scaling out of a trade…
My Favorite Trading Strategy Indicators
Too many trading indicators on a chart is a sign of mediocrity. Your charts should be nice and…
Backtesting the Closing Range Trading System
Last week I posted a description of Ken Calhoun’s Closing Range trading system. Now I’ll go through the…
Ken Calhoun’s Closing Range Breakout System
In the April 2020 issue of Technical Analysis of Stocks and Commodities magazine, Ken Calhoun outlines his Closing…
What Frequency of Trades is Best for a System?
When evaluating trading systems, how do you decide what frequency of trades is best? It seems like an…
Creating a SPY Trading System
Let’s say you’re designing a trading system to trade the SPY every day by buying (or selling short)…