Traders Log » Trading Systems Definitions

Trading Systems 101

TradersLog — Fri, 29 Apr 2011 20:55:50 +0000

By Michael J. Carr, CMT Traders buy and sell for a variety of reasons. Some traders will make decisions based upon news headlines or gut feelings. One may read that gasoline prices are at record levels and decide they have to go down, while with equal certainty another trader decides the news justif

Ping Pong, Trading, & Making Money In Sideways Markets

Mark Hodge — Tue, 09 Mar 2010 17:21:34 +0000

One of the easiest ways to lose money as a trader is to apply a trend following strategy in a sideways market. Unfortunately, most traders learn this the hard way. Some traders will eventually learn how to avoid sideways markets, and do fairly well with trend following strategies, but few traders ev

Turtle Traders

TradersLog — Mon, 28 Sep 2009 16:52:22 +0000

Famous commodities trader Richard Dennis was having an ongoing debate with his friend and business partner Bill Eckhardt about whether great traders are born or made – whether it is possible to teach the ability to trade successfully. While Dennis firmly bel

Back Testing

TradersLog — Mon, 28 Sep 2009 16:48:00 +0000

A method commonly used in developing a trading system. A trading strategy is tested and optimized based on historical data. It is then applied to current data to determine predictive value. Back Testing is thus based on the notion that a strategy that worked in the past will continue to work in the

Artificial Intelligence

TradersLog — Mon, 28 Sep 2009 16:38:12 +0000

The creation of programs to perform tasks which humans perform using their intelligence, thus mimicing our thought processes. See also: Neural Networks

MetaTrader Introduction

TradersLog — Mon, 28 Sep 2009 16:34:11 +0000

The MetaTrader Trading Platform was built by a company called MetaQuotes. The MetaTrader platform has a built in programming language called MQL4 (MetaQuotes Language 4) that allows the user to create trading strategies. Progams written in MQL4 several different purposes including Expert Advisors, C

Boris Stein Interview

TradersLog — Mon, 28 Sep 2009 16:19:49 +0000

By Chuck Frank ©2007, Reprinted with permission of Traders World Magazine (www.tradersworld.com) Boris Stein entered the 23rd World Cup Championship of Futures Trading® on November 15, 2006, and captured second place with a 77% net return, becoming the first trader to enter the calendar-year

Risk/Reward Ratio

TradersLog — Mon, 28 Sep 2009 16:17:53 +0000

The relationship between the probability of loss and profit. This ratio is often used as a basis for trade selection or comparison.

Automated Trading Systems and the Forex Market

TradersLog — Mon, 28 Sep 2009 16:11:15 +0000

An army of small speculators have entered the forex arena armed with pooled knowledge and sophisticated technology rivaling that of large institutions. By Dan Blystone As the editor of a website focused on trading and investing I try to keep track of industry related trends and the hot topics of

Trading Systems

TradersLog — Mon, 28 Sep 2009 16:10:45 +0000

Introduction to Testing Trading Ideas A Sample Trading System How long should you Backtest a Trading System? How to Develop a Profitable Trading System What account size do I need? Why You Should Trade more than one Trading System New to Online Day Tradi