Posts Tagged ‘backtesting’
Daily Trading Goals Are Terrible
To be successful in any performance-related activity, such as trading, goal-setting is crucial. But not just any goal—not all goals are created equal. Many traders who seek my advice are setting themselves up for failure with the wrong kind of goals. When you’re new to trading, it can be tempting to set a daily goal…
Read MoreEvaluating Your Trading Strategy:The Importance of the Equity Curve
When determining how well a trading strategy is likely to perform in the real world, there’s no better measure than the equity curve. While many traders focus on individual performance indicators such as the annual return (CAGR), Sharpe ratio, Profit Factor, or even Expectancy, these single-number metrics can’t capture the full picture. The equity curve…
Read MoreThe True Impact of Partial Profits
Many traders face a dilemma when a trade quickly turns profitable: should they scale out of the trade to secure partial profits or hold on for potentially greater gains? At first glance, taking partial profits—i.e., closing a portion of your position while leaving some shares open—seems like a sensible move. However, have you ever paused…
Read MoreFrom Backtest to Excel: Unleash Your Data
I’ve been trading the markets for a long time – almost 20 years now. As someone who trades over 15 strategies each day, I want to let you in on a little secret. There is no trading strategy that works in all circumstances. In fact, all strategies work sometimes and not other times. As traders,…
Read MoreThe OddsMaker: Your Trading Superpower
I’ve been trading the markets for a long time – almost 20 years now. As someone who trades over 15 strategies each day, I want to let you in on a little secret. There is no trading strategy that works in all circumstances. In fact, all strategies work sometimes and not other times. As traders,…
Read MoreSecrets to Becoming a Successful Trader
Written by Stockdork We all understand that trading is considered a short-term procedure of buying and selling assets within short durations—daily, weekly or even monthly. As much as trading utilizes strategies that promote short-term maximization of returns, it is possible to use trading in your investment plan. Before we dive right into it, here’s a…
Read More“Wait for the 8” Leads 6 Algos, 1 Short: Holly Morning Huddle Report
Good morning. Here is your Holly Morning Huddle Report. Today the number of Long strategies outnumber the Shorts, but first let’s assess my overall performance. As of today, Thursday, November 17, 2016, the return from my trading performance since January 1 stands at +98.0 accumulated profit points vs the benchmark SPY’s performance of +11.7 points over the same…
Read MoreWebinar replay: Get the most out of your workspace with Trade Ideas on Lightspeed! (July 16, 2014)
Workspaces are the incubators where information and action are translated into productivity and good trading decisions. The environment we trade in has a considerable impact on both our level of wellbeing, our productivity, and even our bottom line. The design and layout of our office or, workspace, can have an effect on our work productivity,…
Read MoreBuilding A Trading System Inspired by Blog Posts
Our friend and favorite Internet Entrepreneur Howard Lindzon wrote a great post on his blog, Momentum Friday…Fashology, Mobile Payments and Biotech. The post was great because it’s short and sweet and gives the reader some really good names to watch in four industry groups. I want to expand on Howard’s post and show you how you…
Read MoreThe Moneyball of Trading is Here
Use number crunching to put the “Win” in Swing Trading. The market moves faster than and beyond your eyes. Patterns that appeal to you on a chart visually are more often than not misleading. Set-ups seen at trade shows or on websites are sales tricks. There is no simple and easy. Most traders have…
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