You have seen “too good to be true” system performance claims, which usually turn out to be just that, even with supporting data. Here is how data can be massaged.
Seasonality is one of the cornerstone approaches to futures trading. There are undeniable biases that can be exploited for fundamentally obvious reasons.
Conventional wisdom is that less risk means less reward. However, that isn’t necessarily the case when it comes to stops. Sometimes, more conservative stop levels can result in higher profits.
Developing a strong trading system is a give-and-take process. When you improve the system in one way, you inevitably hurt it in another. Striking the right balance is key.
Identifying a market anomaly that gives you an edge seems exciting, but it is only a baby step in a long process of defining and exploiting that edge. Next you have to build a trading system to use it
“The Heretics of Finance” is a compilation of interviews with technical trading experts done in a question-and-answer format reminiscent of Jack Schwager’s “Market Wizards.” Each individual is
