How to Set Up Your Trading Software & End of Day Stock Data History

In this post I explain why you need trading software and why Amibroker is likely to be the best fit for your requirements. In addition I explain that for stock trading systems, the best data source is Metastock End of Day data because of the exceptional value for money and broad market coverage. You can access a special offer for a month free subscription to try out the Metastock data with Amibroker. I also have included detailed videos to demonstrate the subscription process, installation of Amibroker and the Metastock software and how to connect them so they work together seamlessly.

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4 things you must do to survive stock market volatility

4 things you must do to survive stock market volatility

 

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An Unexpected Secret To Making Higher Returns With Less Volatility In Your Stock Trading

Modified backtest equity curve from the trend following trading system with no stop loss - Produced using Amibroker

Have you ever discovered that something you believed with all your being was WRONG… or at least not as right as you thought? I had one of these experiences today when working on a stock trading system for one of my students. I realized that the initial stop loss that I was using was hurting system performance … so I took it out and BOOM performance improved dramatically!

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Is Forex Trading all it’s cracked up to be?

Is forex trading all its cracked up to be

Warning…This post is a bit of a rant. Forex trading is everywhere at the moment and has been for a while. Is it really the panacea that it is promoted to be. Is it the best way to make money trading? What is my take on it as a professional stock trader and trading educator?
Hint: It is probably not what you think. Read this post to find out why…

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How you execute your stop loss orders can have a dramatic impact on trading system profitability

Price Spike on Hong Kong Stock

The decision about how to execute your stop loss orders is an important aspect of stock trading system development. As a stock trader you have three options for how to execute your stop loss orders…in market stops, close only stops or exit the next day if your stop is breached in trading today. While this choice may seem minor, it can have a dramatic impact on your system profitability, and how your cope with certain stock market scenarios.

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This trading system development tip is almost too easy

This trading system development tip is almost too easy

Have you ever been frustrated by how long it takes to develop and test a stock trading system properly?
I have struggled with this a lot recently – doing a lot of backtesting and optimization, but not really getting anywhere. That was until I was reminded (at Brendon Burchard’s High Performance Academy in San Diego) about this one simple trick that tripled my trading system development productivity. This very subtle change in the way you approach trading system development will dramatically improve your productivity, quality of results and the profitability of the stock trading systems that you develop.

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Trading Psychology…Stop focusing on the money so you can make more of it

Trading Psychology - Stop focusing on the money so you can make more of it

By eliminating your focus on the money, you will be able to improve your stock trading performance because you are free to focus on the trading activities that generate your profits…by performing these activities well you improve your trading results and make more money!
Sounds reasonable, BUT how can you stop focusing on the money? Isn’t that what stock trading is all about?
This video explains how you can adjust your focus to enable profits to come more easily in your stock trading account.

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How to Manage Initial Drawdown – Two methods to start a new stock trading system

Starting Up A New Stock Trading System

Have you ever looked at a new stock trading system (or have developed your own) and wondered HOW TO START trading the system?

Do you just start taking the signals the system generates? How big will the initial drawdown be? Is there a better way?

This video explains 2 approaches to starting a new trading system and how you can determine which is best in your situation…

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How to export the portfolio equity curve from Amibroker to Excel

Backtesting with Amibroker - Exporting the portfolio equity curve from Amibroker to Excel

Amibroker allows you to do a lot of analysis internally. However, when you are developing a trading system, sometimes you will need to export the portfolio equity curve for analysis in Excel after you run the backtest in Amibroker. This is not obvious in Amibroker so I created this video to show you how to easily do this export.

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Are you trying to make money stock trading using obvious ideas?

Are you trying to make money trading stocks using obvious ideas

I was reflecting on a conversation from one of my recent Enlightened Stock Trading Certification Program coaching sessions and this message really came home to me. I really felt like it is just so important for you to understand, so I made this quick (super casual) video just to share the idea with you. Have…

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