It’s finally here! My first trading e-book, Trend Following Hacks, is now selling on Amazon! Tired of missing another market trend? Sick of reading “secrets” and “ultimate” guides that don’t deliver? This no-frills trend following guide slices through the marketing fluff and explains the tools and concepts you need to start beating the markets. In […]
Using Maximum Adverse Excursion for Stop Loss Placement – TradingTact
In the diverse world of strategy development, there are often multiple approaches to the same problem. Traditional parameter optimization is often used to determine your strategy’s stop loss placement. Here I’ll demonstrate a more visual method using the concept of maximum adverse excursion, and compare the results from both methods. What is Maximum Adverse Excursion? […]
Confirm Unsubscribe – TradingTact
Aug 24, 2023 With its daily turnover of over $6 trillion, who are the major players in the forex market? Let’s see how retail traders stack up! read more Aug 16, 2023 Serious traders invest in quality education. Should you read “Building Winning Algorithmic Trading Systems” by Kevin Davey? read more Aug 10, 2023 A […]
entry filter Archives – TradingTact
The forex markets are open 24 hours a day, but not all hours are created equal. Trading volumes are known to vary significantly throughout the day. But I’m not one to listen to anecdotes, so I decided to dissect my broker data and verify it for myself….
good trading performance Archives – TradingTact
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…




