For years, people smarter than me have been telling me to get into Python. I’ve had a perfectly valid reason to resist. It seemed difficult. And besides, just look at the syntax! It looks like some silly BASIC that I used to code back in the 1980’s. It doesn’t even have any semi colons! But slowly I’m starting to see ...

Trend following is all about following the price. Typically the only input we need for a trend following model is the price. But what if I told that we could make a kind of trend following model which does not use the price direction as an input at all? It also has no stops and no targets. In this article, ...

Please Login to view this content. (Not a member? Join Today!)

Please Login to view this content. (Not a member? Join Today!)

Please Login to view this content. (Not a member? Join Today!)

I’ve written in the past about how RightEdge is one of the best simulation platforms on the market. The only issue with RightEdge is that it can be a little tricky to get started. If you’re not comfortable with programming, it’s not that easy to get your data hooked up so you can start modelling. Perhaps the new RightEdge plugin for ...

It is a long established fact that a reasonably well behaved chimp throwing darts at a list of stocks can outperform most professional asset managers. While there would be obvious advantages with hiring chimps over hedge fund traders, such as lower salaries and better manners, there are also a few practical obstacles to such hiring practices. For those asset management ...

Please Login to view this content. (Not a member? Join Today!)

Please Login to view this content. (Not a member? Join Today!)

Please Login to view this content. (Not a member? Join Today!)

Beating the index isn’t really all that hard. I’m going to show you a great way to beat the market while having some fun in the process. This is a brand new way of managing portfolios, and I’m going to explain every detail of it. The True Alpha method is easy to trade and is unique in offering personalized vanity ...

Please Login to view this content. (Not a member? Join Today!)

Please Login to view this content. (Not a member? Join Today!)

Your choice of simulation software can have a greater impact than you may think. Most simulation platforms that are priced within reach for hobby traders and even smaller asset managers are quite frankly junk. If you start modeling in those environments, you will most likely either need to throw it all out and start over later, or accept massive error factors. ...

Simulating an equity strategy is difficult. Much more so than simulating a futures strategy. There’s a lot more moving parts to care about. Much more complexity. All too often, I see articles and books that just skipped the difficult parts. Either they didn’t understand it, or they hoped it wouldn’t matter. It does. When I set out to write Stocks ...

A random number generator can beat your mutual fund. Given a choice between a random portfolio and a mutual fund, I’ll go with the randomizer every day of the week and twice on Sundays. You think I’m joking? I’m not joking. Trashing the mutual fund industry is almost like beating a dead horse. Except of course that it’s a thriving, ...

Retail traders love quotes. Boiling something down to a single sentence makes it appear as a universal truth. A physical law that cannot be broken. It’s a great way to reduce critical thinking. After all, if George Soros said something, it surely must be true. The guy is a billionaire and couldn’t possibly be wrong. Quotes are useless. Pay no ...

Most people trade stocks because it seems easy. We all know what companies do and how they stock work. At least, that’s what most people would think. It’s a dangerous and deceptive illusion. Equities seem attractive for two reasons. First because they appear simple, and second because of the common belief that stocks always appreciate over time. Both of these points ...

A year ago I wrote an article about why trend following doesn’t work on stocks. That article surprised many people. After all, I was mostly known for writing a book about trend following on futures. Why would I diss trend following? And why does a futures guy talk about stocks? The fact is that I’ve been working with stocks longer ...

I’m one of the top 5% best selling trading book authors in the world. My first book was a run-away success. And yet I’m about to self publish my next work. Why would an established author want to self publish? There is an unjustified perception that self publishing means poor quality. Let me tell you why that’s not necessarily true. Publishing ...