Turtle Trading #2 A Complete Trading System
February 28, 2010
The Turtle Trading System was considered as a complete trading system.
What are components of a complete trading system?
A complete system must cover each of the decisions required for successful trading, which consists of 6 components as follows.
Read more
Turtle Trading #1 Introduction to Turtle Trading System
February 22, 2010
Are Great Leaders Born or Made?
This question is the beginning of the turtle trading method.
In mid-1983, there was a dispute between Richard Dennis, a famous commodities speculator, and his trading partner Bill Eckhardt. Richard believed that people could be trained to be great traders while Bill thought it was gifts that determine great traders.
Read more
Introduction to Pyramid Trading System
August 29, 2009
The Pyramid trading is a technique that allows traders to minimize chances of loss while enhance their ability to profit from “expected” market price movement at the same time.
The Pyramid technique alone is not enough to build a profitable trading plan, a sound Money Management technique is also needed to help traders to control their risk and loss.
Read more
Scale Trading System
August 15, 2009
Scale trading is a popular style of trading system which based on the idea that there is a limitation of how low the price can go. The scale trading technique tried to make profit from a market that is at historically low price levels.
There will always be demand for commodities, such as oil or gold, at some price. That is the difference between commodities and financial products, such as index futures or stock futures, which are paper assets with no real value and can be subject to devaluation. Therefore this technique is suitable for commodities trading.
Read more
The Importance of Back Testing a Trading System
August 8, 2009
Whatever trading system traders use for their trades, they are going to thoroughly and objectively back test their trading system in order to confirm that the system can make them profits.
The importance question that traders must ask their self is “Is the trading system they use profitable?” The back testing is lent to give them ability to answer this question. It will filter out unprofitable strategies and help traders in finding the trading strategies that meet their expectations.
Read more
Secret of Time frames in Trading Systems
August 2, 2009
Trading Systems are built on top of technical analysis, which comprises of charts, indicators, oscillators, price patterns and etc. Just like the music, technical analysis is a universal language. Traders can apply technical analysis to any instrument in any market such as the Google stock in NASDAQ or the Japanese yen in Foreign Exchange (forex).
Read more
How to Design A MetaStock Trading System?
July 13, 2009
Before designing and developing a successful trading system, traders must understand the base theory of Efficient Market Hypothesis (EMH). The current market price of traded assets (e.g., stocks, bonds, or property) already reflect all fundamental and economic influences and known information.
Read more
-
Subscribe
-
Recent Articles
- Turtle Trading #2 A Complete Trading System
- Turtle Trading #1 Introduction to Turtle Trading System
- Secret of Setting Exits in Trading
- How to Place Stops using the SafeZone?
- Forecast Price using Pivot Point Analysis – Part 2
- Forecast Price using Pivot Point Analysis – Part 1
- Easy Profits from Moving Averages Trading – Part 2
- Easy Profits from Moving Averages Trading – Part 1
- The Kangaroo Tail Pattern in Technical Analysis
- Introduction to Pyramid Trading System
-
Meta