What is Considered Good Trading Performance?

What is Considered Good Trading Performance?

This has to be among the top 5 questions I’ve received over the years. Continual improvement is the name of the game, but to improve, you first need an objective way to measure performance. So as a retail trader, is there a professional benchmark, against which...
Dynamic Position Sizing: Is It Time to Go Big?

Dynamic Position Sizing: Is It Time to Go Big?

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...
Money Flow Index: An Improved RSI?

Money Flow Index: An Improved RSI?

The Money Flow Index (MFI) is another momentum oscillator that MT4 provides by default. With a similar calculation as the RSI, can it offer the same level of performance? This post will cover: MFI calculations How to use the MFI Trend following using the MFI Tweaking...
Make your money work for you!

Make your money work for you!

 

Get trading ideas and strategy development tips delivered to your inbox!

Thanks for subscribing!

Pin It on Pinterest