There's a lot of info out there on trading psychology, in my opinion, some of the best comes from Denise Shull. If you watched the tv show 'Billions' she worked with HBO developing the Wendy Rhoades character who coaches the traders at AXE Capital. ...

Systematic Trend Trading

brilliant Copernicus, took me a few reads to get it all.

Systematic Trend Trading

The Stormtrooper Problem: Why Thought Diversity Makes Us Better READING TIME: 6 MINUTES Diversity of thought makes us stronger, not weaker. Without diversity we die off as a species. We can no longer adapt to changes in the environment. We need each ...

Systematic Trend Trading

a good article on diversification url

Systematic Trend Trading

I love this Copernicus, I toss you the ball and you hit it out the park...

Systematic Trend Trading

Definitely, David. Certain instruments are consistently better. But, all my testing has shown that some simple diversification is the answer. Pick a mix of instruments, timeframes and timing and it will smooth out the volatility.

Systematic Trend Trading

I'm never going to say this is the only way to trade. But, if you have been trading for years and have not really gone anywhere or are still not confident enough to risk meaningful money, maybe a change in approach will help. A simple trend trading ...

Systematic Trend Trading

"This is an age of hyperbole. Every day provides a new false emergency. A stable and centered individual has a real advantage in an environment where overreaction has become the norm. Make your own moves. Avoid getting carried away by the passing ...

Systematic Trend Trading

Hi mi5, I knew I would confuse things posting the GU trade, but it was such a nice runner I couldn't resist. The 4 hour trades are the same system but use different settings. Direction using a slow SMA and it uses a tighter trailing stop. Same, same ...

Systematic Trend Trading

"In the 14th century, William Occam came up with the principle that a theory should not be any more complex than necessary, later dubbed "Occam's Razor". 600+ yrs later, he still nailed it."

Systematic Trend Trading

In financial markets, the so-called signal-to-noise ratio is low, meaning outcomes aren’t particularly predictable. If they were active, managers would consistently outperform their benchmarks. url

Systematic Trend Trading

A Lévy flight, named for French mathematician Paul Lévy, is a random walk in which the step-lengths have a probability distribution that is heavy-tailed.

Systematic Trend Trading

follow the price, risk small chunks and let them run... GU H4 trades image

Systematic Trend Trading

A good choice may go unrewarded for a long time. The best choices tend to provide exponential returns and a hallmark of any compounding process is that the greatest rewards are delayed. Things don't really take off until years later. Keep working. ...

Systematic Trend Trading

Hi Relyt, good question and the answer is, depends. On this strategy you are holding winning trades for a long time (7R) so if you use a model of enter wait for exit then enter again you can miss the best trading environments. When price does trend ...

Systematic Trend Trading

video

Systematic Trend Trading

great post Copernicus, particularly the last section. Not sure if you have read 'Bursts'.... Bursts The Hidden Patterns Behind Everything We Do, from Your E-mail to Bloody Crusades Albert-Laszlo Barabasi Can we scientifically predict our future? ...

Systematic Trend Trading

Why i stopped using my eyes to trade, This is a black and white picture (with coloured lines) image

Systematic Trend Trading

That would work too. Really anything is better than just a single set of parameters. I have some good research papers I will try and find the links for you

Systematic Trend Trading

4 more weeks to go on this thread - I said I would do a year so best to see it out. I think one of the simplest ways to diversify is to have equal allocations to 1.wide trailing, 1.medium trail, and 1.tight trail - this works very well and the tight ...

Systematic Trend Trading