Glitter Like Gold
I smiled a little bit the other day, when I saw the grumpy old men in the corner coffee shop excitedly engaged in a conversation. I couldn’t hear all of what they were saying, but based on the animated pointing and...
Read MoreAuthor: Kevin Davey, KJ Trading Systems
The Two Percent Rule
In the classic book “Market Wizards,” one of the famous traders interviews recommends that traders risk no more than 2% of their capital on any one trade. Any amount higher, the expert trader proclaims, is akin...
Read MoreThe Hidden Danger Lurking in High Leverage Trading
I’m sure you’ve seen ads from forex or futures brokers touting the incredible leverage you can have trading. While it is true that leverage is great when a trade moves in your favor, it can wipe out your...
Read MoreWhen Lightning Strikes
In today’s electronic age of trading, everything seems very easy. Just log on, point and click, and viola! – a trade is opened or closed. Pretty simple. But, lurking under that simplicity is a huge hidden...
Read MoreWalk 2 Steps Forward, 1 Step Back
If you’ve been around trading for a while, you probably have seen system vendors tout their performance results via “backtest” or “walkforward test” reports. Unfortunately, most people think...
Read MoreScales Can Be Hazardous To Your Financial Health
I have been trading futures for about 18 years, and many of the early years were consumed with searching for the “perfect” trading system. One of the approaches I found that seemed to make sense was scale...
Read MoreSharp As A Razor
Would you believe that a 14th century priest, and his concepts, can help make you a better trader? Well, English logician and Franciscan friar William of Ockham really can make you a better trader. Ockham developed the...
Read MoreOverriding or Modifying Trading System Signals
I recently received an e-mail from a relatively new trader. He was trading a system he purchased, based on its alleged stellar performance. “I’ve been using this system for a few weeks, and sometimes I just...
Read MoreCan The Past Predict The Future?
If you’ve been trading futures, commodities or forex for any amount of time, chances are you’ve heard the phrase “past performance is not necessarily indicative of (or no guarantee of) future...
Read MoreIs it Important For a Trading System Vendor to Trade With Their Own Money?
If you are looking at purchasing or leasing a trading system, or looking at following a publisher’s trading signals, a legitimate question to ask the vendor is “do you trade this with your own money?” While the...
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TraderPlanet’s Quick Guide to Candlesticks
