One of the keys to successful system trading is to be able to combine different strategies together. When you are able to combine less correlated strategies, it is possible to smooth drawdown, boost win rate and therefore improve your overall risk-adjusted returns.
In Amibroker it is possible to combine equity curves together so you can see what the advantages are. Read more »
Are you a struggling trader? Do you continue to lose money, even in a bull market?
If you answered yes to either question, you are not alone. Financial trading is difficult and statistics reveal that at least 90% of traders lose money. The good news is that profitable trading can be attained with hard work and persistence. Read on for this road map for trading success. Read more »
You don’t need to spend a lot of money to access good trading information. None of the stock trading courses on this page are very expensive yet they are far better than 99% of courses out there.
Courses that cost thousands of dollars do not contain any type of holy grail system that is going to transform you into a winning trader overnight! The only answer is to work hard, work on yourself and find your edge. Read more »
There are more ways than one to exit a trade in Amibroker. It may sound obvious but trading strategies can benefit from being creative with exits as well as entries.
In this post, I look at a simple way to come up with more flexible sell signals. Read more »
I wanted to write an article to explain some of the processes I go through when trading US stocks. Since August was a particularly quiet month with only a few winners I have decided to go back to a trade I made in July in Omnova Solutions ($OMN). Read more »
I have been using the free version of Finviz on a daily basis for several years.
Just recently I decided to subscribe to Finviz Elite to take advantage of the live market data, more powerful screener and backtesting features.
So far I have been more than happy with that decision. At $25 per month, I think the service offers amazing value for money and I have already seen it have a real improvement to my trading and analysis. Read more »
In this article I take a look at the Udemy course ‘Learn to Trade the News‘. Udemy are currently having a 25% off sale on thousands of courses which you can access here. Coupon code = 25JBMARWOOD.
I mentioned in a recent article that one of the things I like best about Amibroker is the ability to import data sets from various sources and use it to create indicators.
In this post, I show how to import TED spread data and import it into Amibroker. I then build a simple economic indicator that uses the TED spread for market timing. Read more »
In the classic trading book, Reminiscences of a Stock Operator, Jesse Livermore spoke a little bit about a professional gambler called Pat Hearne. Pat would treat the markets like a casino game (such as roulette, faro or blackjack) and his strategy was to make a series of calculated bets, always looking for small, sure wins. Read more »
Traders tend to focus too much on fine-tuning their entry rules and choosing between stocks. Picking the right exit can be just as important, if not more important, than picking the right entry. After all, it is the exit that locks in your profit (or loss) and ultimately impacts the equity in your trading account. Read more »