by Wayne | Nov 5, 2021 | Trading Strategies
Not all entries are created equal. Can we identify higher probability entries, and apply larger position sizing to them? Here I’ll attempt to augment a GBPJPY trend following strategy with dynamic position sizing, and backtest its performance over 18 years. I...
by Wayne | Aug 27, 2021 | Trading Strategies
The Kelly criterion is a famous mathematical formula that attempts to maximize your long-term capital growth. In this post, I’ll apply it to a EURUSD breakout strategy and explain some of its potential shortcomings when applied to forex trading. Traders often...
by Wayne | Aug 5, 2021 | Trading Strategies
Partial profit taking is a dilemma often faced by long-term trend followers. Could this benefit your overall strategy performance? Let’s test! You’ve probably heard the saying ‘Nobody ever got hurt taking a profit.’ In partial profit taking,...
by Wayne | Feb 1, 2021 | Popular, Trading Strategies
Have you heard of fixed ratio money management? How does it compare to the popular fixed fractional approach? Here I’ll explain how fixed ratio works, and see how it stacks up against fixed fractional money management. The fixed ratio money management approach...
