Today at 1:30pm Eastern is the next Systems Testing Workshop with Andrew Falde. Today, Andrew will be writing some code to test different ways to trade the Bollinger Bands using multiple symbols and time frames. For you to attend this workshop, simply join with your $1 trial before Noon, today. The workshop will be recorded and you can watch the … Read More
“Just Tell Me What to Do”
Developing traders are sometimes humble (or desperate) enough to make a request for help that sounds something like “just show me”, “give me a step by step”, “what’s an if-then that I can use”, etc. The response we provide is usually disappointing. The developing trader wants the answer to begin with “whenever you see this happen, do this…”. However, our … Read More
A Formula for Evaluating and Selecting a Set of Trading Systems
Here are the two main ideas to focus on while you watch this video: – A Small Positive Drift + Diversification = Smooth Returns – Smoothness is not the only goal. We want Smoother AND Steeper returns. Furthermore, I hope these concepts demonstrate that smoother and steeper results can be achieved without taking on excessive leverage. Share your thoughts with … Read More
One Benefit of Intraday Trading
The following is a simulated back test of a simple short term momentum system on SPY. It generally has positive performance but the draw down periods are a little deeper and wider than I would prefer. Now, I’ve taken the same system but coded it to go flat at the end of each day. Then it waits for a fresh … Read More
[New Series] Which Technical Indicators Work Best?
Ever wonder which technical indicators are best for trading? Look no further than this series with Andrew Falde that teaches you exactly how to answer that question with statistics, custom algorithms, and back testing. No relevant positions. Trades are hypothetical.
3 Ways to Generate Better Trading Ideas In Less Time So You Can Focus on Executing Your Best Opportunities
Do you struggle to find good trade setups? Or maybe you have more ideas than you know what to do with? In this free video series, we’ll take a look at 3 ways to get better at generating good ideas.
Implications of the Mid Cap/Large Cap Correlation Break Down
The correlation of the $RUT to the $SPX and $DIA has recently taken a nosedive. Correlation is a way to see how synchronized two markets are moving. In the chart below, you can see that the correlation indicator on $RUT vs. $DIA has moved to slightly below 0.00; signaling a low correlation. A zero correlation represents randomness. A correlation closer … Read More
Are You Ready to Build an Automated Trading System? Here’s How
Automation is at the heart of technological innovation. Automatic transmissions Automatic coffee makers Automatic soap dispensers … You get the idea In trading, automation is what allows you to become ultra-efficient, find your best opportunities, scale up with more trades, control risk with less emotion, and become more consistent. As a trader, you already take advantage of automation in today’s markets. … Read More