Stop the (trading) torture
It was Father's day in Australia a few weeks ago. And as expected, both of my 2 young kids went all out making cards, drawings and wrapping gifts. It was a great day. At some stage during the day though, we got into a tickle fight, because they wouldn’t admit I was...
Better trades, less over-fitting, more cake
Ever heard of the saying "You can't have your cake and eat it too"? It's supposed to mean that you can't get two good things at the same time, especially things that aren’t usually possible to have together. But I think it's a ridiculous saying. What's the point in...
The 2020 trading strategies
Recently we updated the entire trading database in our hedge fund. We currently have 1000+ high-quality breakout trading strategies in our database, but we don’t trade them all. Not at all. In fact, we’re currently trading “only” 38 breakout strategies (and adding...
Do this as a back-up plan
The current economical times are pretty rough thanks to this Covid madness. There’s a lot of uncertainty. Nobody knows how their business will work out next year, or if it will even survive. And many people are preoccupied with their jobs, as the economic slowdown is...
Summer breakout profits and autumn prognosis
Yesterday I was going through some Slack communication with my hedge fund team, when I stumbled upon an equity curve that one of my hedge fund team members posted on the 4th of July: It’s a breakout e-mini DowJones strategy, trading on a 60 minute time-frame. And as...
The ‘BSL technique’ to a comfortable living from trading, even with a small account
Here's an uncomfortable truth not many traders want to hear: You can't make a comfortable living trading just a small account. Yeah sure, we see all these promises of how to make hundreds or even thousands of dollars per day with a thousand dollar account, but they're...
Lumberyard Larry’s “sawdust” technique for extra trading income
Hundreds of years ago, there was a one-legged man called Larry. Larry owned a lumber yard, and his timber products were the finest in the land. People would come from far and wide to buy his wooden planks, tiles and posts. But “Lumberyard Larry” had a problem. At the...
Some markets are tough…
I have to say that some markets are really tough. When it comes to breakout trading, I can pretty quickly create a viable, reliable strategy on nearly any market. But there ALWAYS will be some exceptions. Exceptions, that give me a really hard time. And that takes me...
Trading book for snobs (for FREE)
If you’re like me, you’ve probably read A LOT of trading books. And in that case, I think you can proudly call yourself a “trading books snob” as well 🙂 Here’s the thing: The more trading books you’ve read, the more you have to compare. And the more you compare, the...
What would you like us to share?
Ten years ago, I had a GREAT trading mentor. His name was Mike and I’ve already talked about him several times in the past. He was a former CIA agent, a military pilot, and a real genius. He taught me everything about the most important thing in trading… THE RISK. He...
Let’s Get Social!
