BackTesting and Forex Trading

BackTesting and Forex Trading

“Backtesting” is a fundamental element to a Forex trader’s education and there are tester websites that make it considerably easier. Backtesting is the process of testing a trading strategy on prior time periods. Instead of applying a strategy for the time period forward, which could take years, a trader can do […]

Swing Trading 10312013 $SLCA $SPWR $INVN $NOAH

Yesterday $Noah hit a profit target. That was the good news..Bad news was the $INVN gapped down. You can not control gaps that is why one must manage their risk by position sizing as well as having stops.

Past Performance is not Indicative of Future performance


Trade Log Swing Trading Oct 2013 $TSLA $INVN $NQ $YNDX $ASGN $EDU $NOAH

Past Performance is not Indicative of Future Performance

Oct 2013 Swing Trade Results 24 Trades

24 Trades. All on the long side. All retracement swing trades. Based on a Hypothetical $100,000 account size.

It was what I would expect. Small profits…Small loses ( as hard stops are placed) attempting to avoid the Big losses and extremely rare big profits that did not occur this month. There can always be […]

Elliott & Associates Paul Singer “Something Is Wrong And Dangerous”

In my book the Bible of Compounding Money, I opened the book with an excerpt of Paul Singer. Paul Singer has been around for decades as a hedge fund manager and manages approx $17 billion dollars. I respect him as a person as well as a money money manager. I quoted one of his statements […]

AlphaMetrix closing down Funds of Funds

Alphametrix would put on conferences for managed futures and hedge that had to be the best I have ever attended. You would have face to face meetings with prospective managers. What shocked me at the conferences was the money that was being spent. They served the most expensive meals with open bars with speakers such […]

The Lack of Trends for Trend Followers in Managed Futures

There is much in the news regarding the “Death of Trend Following”. Anyone in the investment world knows that managed futures have been struggling the last several years. Actually in my opinion this is one of the hardest periods ever! I remember vividly 2005 and 2006 and thought those were tough, but this surpasses that […]

Gardy & Notis, LLP Announces Investigation Into Morgan Stanley’s Managed-Futures Funds

Wow…More nails on the coffin of trend following and managed futures?

Read this article in Marketwatch

Where Fortunes are made – Identifying a change in Trend – Trading for a Living

The fastest and most risk-free way (which does not exist) to make money in the markets is to identify a change of trend in a market as early as possible. Every market professional will tell you that it is impossible to buy at the lows and sell at the highs consistently: but with the tools […]

Swing Trading & Trend Following $ASGN $BITA $CAMP $INVN $NOAH $QIHU $RGR $SFUN $VIPS $YNDX

Basically these swing trades and trend retracment trades are patterns that I search for within the IBD 50. I built a data base of these IBD 50 and look for trades. I use a hard stop as well as a time stop. You can watch the results

Past […]