It amazes me how many traders expectations essentially equate to them being the most successful trader who has ever walked the planet. if we were all just a little bit more realistic and set our goals and expectations at achievable levels we would ...

Systematic Trend Trading

Simple and powerful edges are often ignored by a large majority of traders. Comparing fixed exit to a simple trailing exit image

Systematic Trend Trading

Trade 210 +7R, 211 +5R, 212 -1R, 213 +5R, (214, 215, 216, 217, 218 all -1R) Results: Week 1 +4R Week 2 -14R Week 3 -2R Week 4 -3R Week 5 +3R Week 6 +4R Week 7 -7R Week 8 -10R Week 9 -4R Week 10 -13 Week 11 +21 Week 12 +6 Week 13 +14R Week 14 -3R ...

Systematic Trend Trading

Techniques to improve your trading results video

Systematic Trend Trading

"We greatly prefer to know what exactly our odds are. We feel more confident and less anxious when we know or think we know our exact chances. Known as the “ambiguity aversion,” many decision theorists have shown that game players greatly prefer to ...

Systematic Trend Trading

From Daniel Kahneman’s 2011 Google Talk on the promotional tour for Thinking Fast And Slow at timestamp 17:24: “Intuitive expertise is not going to develop in a chaotic universe… I personally do not believe that stock pickers can develop intuition… ...

Systematic Trend Trading

from a trader running $226 billion "There may be investment strategies that never, ever, ever have bad periods. A fair amount of those turn out to be scams; and even the real ones, the few people who have invented stuff like that, can’t run a ton of ...

Systematic Trend Trading

Trade 203 stopped, trade 204 (gapped) stopped -1.5R, trade 205 b.e, trade 206 +5R , 207, 208, 209 stopped 210,211 open short image Results: Week 1 +4R Week 2 -14R Week 3 -2R Week 4 -3R Week 5 +3R Week 6 +4R Week 7 -7R Week 8 -10R Week 9 -4R Week ...

Systematic Trend Trading

"There's a lot of randomness in the decisions that people make". Daniel Kahneman

Systematic Trend Trading

"System Alert, THIS DRAWDOWN IS A TEST of your risk tolerance and ability to stick to your process. No action is needed."

Systematic Trend Trading

I am trading H1 right now, but I migrate up and down depending on how long I want to be at the charts. It's very easy to stick to the plan once you believe it is the only way to make money long term... question is what do you believe, do you trust ...

Systematic Trend Trading

Be like Sherlock Holmes "Like the scientist trying to solve a mystery of nature, Holmes first gathered all the evidence he could that was relevant to his problem. At times, he performed experiments to obtain fresh data. He then surveyed the total ...

Systematic Trend Trading

"A good storyteller with a decent idea will always have more influence than someone with a great idea who hopes the facts will speak for themselves."

Systematic Trend Trading

"Disciplined management with good data should be superior to discretionary management with memory." url

Systematic Trend Trading

the chances of my trades losing is very high, the chance of me having a losing week are about 50/50, the chance of me having a losing year and very very low... I want a robust strategy that will compound my gains over a very long time horizon. Based ...

Systematic Trend Trading

200 trades in now... +28R Trade 196, 197, 198, 199, 200, 201, 202 Stopped Results: Week 1 +4R Week 2 -14R Week 3 -2R Week 4 -3R Week 5 +3R Week 6 +4R Week 7 -7R Week 8 -10R Week 9 -4R Week 10 -13 Week 11 +21 Week 12 +6 Week 13 +14R Week 14 -3R Week ...

Systematic Trend Trading

I believe the importance of the book is due to the fact that he not only made a lot of money, he also blew his accounts more than once. It is a good example of how the trading game is not a game with a beginning and an end, you never really 'make ...

Systematic Trend Trading

It's a great film

Systematic Trend Trading

It all look so low-risk...don’t get fooled by smoothness of returns - volatile strategies like trend following is a sing of robustness if done right image

Systematic Trend Trading