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Tag Archive | "money management"

Failure, and dealing with trading losses

Friday, October 3, 2008

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* Adapted from the original DST Trading Psychology manual by Todd Brown and The Trading Authority. * Hello Traders!  In our trading psychology series so far we have addressed the issues of internal control and also trading state management.  As experienced traders know, an inevitable and necessary aspect of trading is dealing with losses.  Obviously, our [...]

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The Power of Backtesting

Wednesday, September 17, 2008

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  What is backtesting and why do you need to backtest your Forex Trading Software? This video explores the important concept of backtesting your Forex trading system and how backtesting can be used to improve your trading results.  In a nutshell, backtesting is essential because it: Provides statistical evidence that the trading rules you have chosen are profitable [...]

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