I’m skeptical about most trading systems that are sold, but here’s one that I like enough to offer an exclusive special rebate on. This is available for the first 100 copies sold only. Read on to find out more.
Previous articles in this series have discussed why you should build your own trading system, some support tools and algorithms you can use to get an edge. To date we haven’t gone as far as defining our own goals or selecting a platform to make the trading system a reality.
This article will discuss the trading platform selection and the goals of the trading system (which will use MetaTrader, and trade forex).
Hedge funds are one of the investments of choice for the super-wealthy. One reason for this is that hedge funds can make money even when ordinary investments are in the doldrums.
How can you use the trading approaches that have made hedge funds successful in your own trading? This article introduces the trading strategies used by hedge funds, and outlines how hedge fund performance is measured. The next article in this series will help you to determine which strategies will give you the best chance of success in your own trading.
In previous instalments of this series, I’ve provided some information on why you should build your own trading system, with the last part providing a simple trading system.
The big question for many traders is “How do I get a system that gives me an edge?”. Following the well worn approaches of moving averages and other lagging indicators will not get you there. You can be sure that the world’s best traders are not going over the same old ground.
I have mentioned some advanced tools and algorithms: what are they, what do you use them for and how can you easily access them?
In the last article in this series, I discussed how most trading systems are based around separating trading signals from noise. I talked about using loess smoothing, an advanced smoothing algorithm that smooths more effectively than moving averages. Previously, I discussed identifying some realistic trading goals for the small trader.
This article will build on the article about smoothing, and bring together the goals and smoothing approaches and we’ll explore how to convert these into actual trading rules for a simple trading model.
In the last article on “Building Your Own Trading System”, I wrote about identifying your trading goals. There is no point in building a system if you don’t know what you want to achieve out of it.
This article is about trading system algorithms. It aims to give you an understanding on how to interpret price data to identify buy and sell points, and some hints on how to do this mathematically. As far as I am aware, this information is not available elsewhere.
In other articles, I’ve tested out two “off the shelf” trading systems with mixed results. These are a quick way to start trading, but to have a system that reflects your own risk tolerance and goals, you need to build your own trading system.
Most people want their own trading system, but building one is often a mystery. How do you build a system? This article is the first in a series about how to do just that.
If there is enough interest, future articles in the series will cover obtaining price data, types of systems, trading algorithms, backtesting the system and implementing the system. Keep reading for the first article which will help identify your goals for your own system.
This article is a continuation and update of my earlier evaluation of the Forex Trading Machine Forex Runner strategy. This is short term EUR/USD forex trading strategy.
In order to evaluate it realistically, I’ve traded this with real money on a live account. I’ve now been doing this for three weeks, and this is long enough to make an informed evaluation of this strategy. Is this strategy for you, or not? Read the rest of this article to see how this strategy works in real life.
I’ve now had some opportunities to see how the Forex Money Machine works in real life after purchasing a copy on March 29 and testing it against a live account. In particular, I have seen it across different market conditions.
To date, I have focussed on the Forex Runner strategy, which is a short term swing trading strategy. This article discusses how this has performed over the last few days, trading the EUR/USD.
This article is about my experience in testing the off the shelf (but fully disclosed) trading system called Forex Money Machine on a live account. I’ve bought this and previously made one trade which was stopped out at a loss, but one trade does not show the quality of a system, so I have continued to place trades using the Forex Runner system which is included in the Forex Money Machine e-book. The following reports my latest trades, and how the system is stacking up.