Optimizing and Monitoring a Trading System
After finding rules that work, many traders are tempted to optimize the parameters. This is easy to do, and is the beginning of the end of many solid trading plans.
Going With the Flow: Big Money’s Influence on Your Trading Positions
A trade can be very “right” in every logical way if your valuation of the underlying asset or your analysis of the chart pattern was done correctly … but if your opinion gets crossways with the larger flow of money in or out of that market, your subsequent losses will feel very “wrong.”
Introduction to using 13(f) Filings as an Investment Tool
Many investors look for help when picking investments. One tool people use is the quarterly filing of institutional investment managers called form 13(f).
How to Setup Your Trading Entity as a Business
I’m sure you’ve heard the saying to become a successful trader you must “treat trading like a business.” Setting up a trading entity correctly is an important step if you are a business trader whose full-time position is (currently or soon to be) trading the markets.
Trading System Design: Test Your Edge
Finding a logical reason that your trades should work is the first step in coming up with a market beating strategy. After that, testing is required to be certain your idea actually works in the market because, in the end, markets are driven by emotions and logic will sometimes fail in the face of that.