Henry Carstens VerticalSolutions.com Article in PDF Format Introduction If someone says, “I’m making money buying the SP futures on Friday’s close and selling on Monday’s close, you’ve got to get in on this!” How would you know whether that idea was a good or bad? What about a new trading idea you have – is
In this article we will explain to you how to develop a profitable trading system in five steps: Step 1: Select a market and a timeframeStep 2: Define entry rulesStep 3: Define exit rulesStep 4: Evaluate your systemStep 5: Improving the system Let’s take a closer look at these steps. Step 1: Select a market
I am frequently asked how long one should backtest a trading system. Though there’s no easy answer, I will provide you with some guidelines. There are a few factors that you need to consider when determining the period for backtesting your trading system: Trade Frequency How many trades per day does your trading system generate?
Futures trading covers a vast array of trading instruments, from stock indices and U.S. Treasury bonds to precious metals, energy sources such as oil and gas, and everyday foodstuffs including meats, grains and coffee.
Achieving success as a futures market trader can be a daunting proposition, most traders will agree. Given that premise, why would a successful, longtime futures trader like Joe DiNapoli reveal his trading secrets to the public? “Commodity traders tend to be risk-takers–self-made people. I enjoy them immensely. The public doesn’t realize some of the advantages