by Wayne | Jul 26, 2021 | Strategy Development
A catastrophic stop loss is a vital risk management tool for many traders. Here I’ll show you how to optimize your stop loss distance using maximum adverse excursion. In the diverse world of strategy development, there are often multiple approaches to the same...
by Wayne | Jul 7, 2021 | Live Trading
Trading is a great way to make some additional income, but not if you’re constantly pulling your hair out. Here I offer 7 tips to help make your trading profitable and stress-free. I recently came across a trading meme: Jokes aside, it is well known that...
by Wayne | Jun 24, 2021 | Strategy Development
Risk of ruin is a useful metric to help develop trading strategies that suit your risk appetite. This post will cover: Two methods to calculate risk of ruin Using risk of ruin to improve your trading Lowering your risk of ruin Contrary to what you often see in...
by Wayne | Apr 6, 2021 | Strategy Development
Traders often use Monte Carlo simulations to estimate worst-case drawdowns, but did you know they can be used for out-of-sample testing too? This post demonstrates the use of StrategyQuant’s Monte Carlo simulator to randomize historical prices and strategy...
by Wayne | Nov 14, 2020 | Strategy Development
Are you getting a comprehensive assessment of your strategy’s downside? This post will discuss several methods to measure drawdowns, helping you build and select strategies that better suit your risk appetite. Risk management is a cornerstone of successful...
