Daytrading with fractals

When we teach daytrading around the country, fractals are always a constituent part of the curriculum. Fractals help make it easier and more objective where to draw the trend lines, ...

Why backtesting is important

I was just updating my statistics on one of my mechanical strategies, which is something I do every quarter. This is a strategy that exploits the gap between the closing ...

Mean Reversion – make money going against the trend

In the last article we reviewed the trading style Trend following. In this article we will look at the opposite, namely Mean Reversion trading. In this article we discuss the ...

Simple Trend-Following Strategy

I am often asked what methods and indicators I use in my daytrading. I will share one of these simple strategies with you here. It is a simple trend-following strategy, ...

LLHC/HHLC – An Important Candlestick

I always use multiple timeframes in my trading and analysis of the market. I use the weekly and daily chart to give me an indication of the overall direction of (...

A new scanner tool for Daytrading

As a daytrader, there is a great deal of things you have to keep in check, and it’s easy to lose the overview if you try to keep track ...

The art of controlling risk (part 1)

When reading through many trading groups on Facebook we often see questions asked about risk and position sizing. What should my lot size be? Why am I down with 50% today? ...