There’s so much information out there for traders. You stick your finger in the air and get bombarded with advice, strategies, stock picks, analysts projections, and that’s all good for traders. The more information you have the better. So, the process of learning how to trade should be easy, right? Oh, that is so wrong! […]
Monthly Archives: July 2017
28
Jul
Jul
Sounds a bit crazy, that anyone could think up that many tradable ideas, develop, test and then put them into action. But it’s not so crazy if you have a process, and you’re motivated. So, what’s the motivation? The motivation is to build an automated trading system that has some very desirable characteristics, like very […]
19
Jul
Jul
You have choices, and as an individual retail trader you have a choice. You can choose to trade as an individual, without any of the asset protections and tax advantages that come with a legal business structure, and choose to put yourself in a hole before you make a single dollar in profit. Or you […]
17
Jul
Jul
All types of trading has its ups and downs, and it would be irresponsible if I gave you the impression that automated trading solves all problems, because it doesn’t. So I thought I would share with you 5 reasons why automated trading may not be right for you. Crap In – Crap Out You might […]
12
Jul
Jul
“Everything should be made as simple as possible, but not simpler” – Albert Einstein Einstein’s job was to think of scientific theories that explained things we see in nature, it’s likely that he was paraphrasing Occam’s Razor. In other words, the best theory is the simplest one that still explains observations. By the way, this […]
07
Jul
Jul
Trading ideas are everywhere, you just have to look and recognize them. The best ideas are intuitive and easy to explain. A trading idea doesn’t have to be mind blowing to work, it only needs a sound premise. Cobbling together a strategy with a bunch of indicators and tweaking the money management isn’t an idea, […]
05
Jul
Jul
What is a Systems Trader? The answer to that question depends on whether you're talking about the industry of algorithmic trading, or you're talking about the growing community of retail traders that are running their own portfolio of automated trading systems. This website is dedicated to retail traders who want to run their strategies on [...]
05
Jul
Jul
What Is Discretionary Trading? Discretionary trading basically means you do your trading by hand. You take your signals from a variety of sources, or you have a specific strategy or set of tools that help you make trading decisions. There is little or no automation, for the most part you are pushing the buy and [...]