A year in the making, my third book is now complete. Trading Evolved is quite different from my previous books, and substantially more information packed. This book is a practical, in-depth guide on how to backtest and analyze strategies using powerful Python techniques. To my knowledge, no such book exist at the moment. Trading Evolved is a trading book. Not ...
Read More »Separating Positions from Allocations
Most trading models I see are missing an important concept. It’s not a terribly difficult concept, but it is an important one. It’s not at all strange that most traders, in particular on the retail side, are missing this point. Most trading books skip over it. Most books gloss over it, or just don’t mention it at all. My books ...
Read More »Advanced Equity Momentum Model
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Read More »Don’t get burned – Limiting position sizes based on historical volatility
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Read More »A Counter Trend Indicator: Profit from Trend Followers’ Weakness
A good indicator is based on sound logic. It should try to quantify or visualize a concept that makes sense and is easily explainable. Mostly I use very simple indicators. The most basic of indicators can be very helpful if used rightly. The indicator I’m about to describe here is quite simple in concept but requires a few more steps ...
Read More »Why technical analysis is shunned by professionals
The poor reputation of technical analysis is well deserved. It’s their own fault really. The way this field has expanded makes it very difficult to take it seriously. It’s been reduced to a slogan used by scam artists to sell nonsense books, trading systems, newsletters and ‘mentoring’ based on quasi religious numerology and mysticism. Professionals stay clear of the term ...
Read More »Why I prefer RightEdge for strategy modeling
Choosing a good platform for strategy modeling, simulations and signal generation is critical. The bleak reality is that most back testing software is horribly bad. They are geared towards consumers with limited knowledge and experience and they cater to what your average get-rich-quick technical analysis guru claims that you need. I’m often asked for my views on simulation platforms, and in ...
Read More »Beating the Index with Minimum Rules
Do you want to beat the index with just a few lines of code? You don’t even need to program it. It’s simple enough to do manually. Beating the index is probably not the right term though. Killing it might be a better word. Beating the index is supposed to be very difficult. After all, around 80-90 percent of all ...
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