Tag Archives: intraday trading
Many traders and investors fail because they are either in a hurry to become rich or underestimate the amount of work needed to achieve their goals. Others fall victims of get rich quick schemes. Success comes by working hard and … Continue reading
A popular meme in financial media is that “volatility is good for traders.” But the truth is different; volatility is good for traders under certain conditions, otherwise it can even be detrimental to performance.
In a recent post I demonstrated that frequent short-term and intraday forex trading are negative-sum games when spread is included. In the case of intraday forex trading, this is true even at low spreads. Here I demonstrate that E-mini intraday trading is a negative-sum game … Continue reading
Backtesting trading systems on historical data is again becoming popular almost 30 years after it started being used by individual traders due to recent advances in web technology and server speed that allows its online implementation. If one knows what … Continue reading