Trade Like a Hedge Fund - Choosing Trading Strategies That Work: Part 1

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.

Forex Trading System - Week 3

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.

Forex Trading System - Week 2 - More Trades

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.

Forex Trading System - Week 2 - Update

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.

Forex Trading System - Week 2

If you’re following the articles about trading systems, you will have read that I bought Forex Money Machine last week. After checking out the market for a while, I placed a EUR/USD trade yesterday using the “Forex Runner” strategy. This article is my observations about how the system works in real life.

A Trading System That Suits You

Whilst there are millions of dollars to be made, the fact is that over 90% of traders lose money in the markets. This statistic has been fairly constant over time, although traders now have access to institutional grade data feeds and lower trading costs. Successful traders have the tendency to trade systems or adopt trading styles that reflect who they are. Because they are comfortable with the system or style, they don’t second guess it, ignore signals or give up after a few losing trades.

This article is about factors to consider when buying or developing a system so that it works for you.

Forex Trading System - Week 1

On Saturday I purchased a copy of an off the shelf trading system called “Forex Money Machine”. I am generally quite skeptical of trading systems offered on the Internet, so I thought it would be interesting to see how it went in practice.

After analysing it (refer to a previous article for my take on the quality of the system), I started trading it with a live account. Whilst I haven’t yet made any trades, I’ve had the opportunity to see how the system’s rules for one of the included systems stack up against the market.

Forex Trading System - First Impressions

In a previous article, I wrote about Forex Trading Machine. This is a PDF format e-book (and accompanying videos and other materials) that provide one swing trading style “cash cow” system, plus two shorter term systems, all suitable for beginning traders. I’ve now bought my copy and will be researching this system to see whether it works. Generally I am fairly skeptical about commercial systems, so this will be an interesting evaluation.

I haven’t yet started trading with it (the forex market is currently closed), but have now had an opportunity to review the materials and will now make some comments about the quality and my perception of how practical the Forex Trading Machine is in real life trading based on my own experience in developing trading systems.

Trialing A Trading System

If you’ve read my previous articles, I’m fairly skeptical that an off the shelf commercial trading system can deliver the goods. My concern is that many systems may simply not work at all, or need subjective interpretation of charts, or generate negative expectancy trades, or be curve fitted to generate good results over a particular period for sales, or be otherwise unsuited for real world trading.

I’ve read that Forex Machine might be different, so I will buy it and test it out on a live trading account and see whether it works and write about the results (good or bad).

Turtle Trading

Turtle trading began when the famous trader Richard Dennis decided to determine whether traders could be trained to be successful, or whether trading ability is something that you are born with. He funded a selection of trainees and taught them his methods. The Turtles had mixed success, with some not making the grade (due to being unwilling or unable to follow his methods), but the most successful of them went on to make millions of dollars in trading profits based on the trading principles they used. This article provides an overview of the Turtle trading rules that they used.