Contrary to what you often see in advertisements, trading is a long-term endeavour, not a get-rich-quick scheme. You have to stay in the game to win it. Knowing your risk of ruin can help safeguard your account balance…and your mental health. Let’s dive into it! What is Risk of Ruin? Risk of ruin (RoR) is […]

An investment in knowledge pays the best interest. And what better way to block out the noise of the internet and acquire knowledge than to dive into the trading literature? Today I’ll review “Building Winning Algorithmic Trading Systems,” which helped me out…

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…

With the forex markets trading 24 hours a day, price gaps are relatively uncommon. Does the occasional weekend gap contain a statistical edge? Let’s find out by backtesting the EURJPY’s gaps over the past 18 years! The strategy programmed below can be… Trade slippage is the common enemy that erodes your strategy’s expectancy, and usually […]

With the forex markets trading 24 hours a day, price gaps are relatively uncommon. Does the occasional weekend gap contain a statistical edge? Let’s find out by backtesting the EURJPY’s gaps over the past 18 years! The strategy programmed below can be… Not all entries are created equal. Can we identify higher probability entries, and […]