The Stockradar Truth Test
The evolution of this trade plan format is based on what we already know. i.e. if a qualified trend in prices develops, we can follow it with the known expectation that it will continue for a period.
This author has yet to write their bio.Meanwhile lets just say that we are proud Richard Lie contributed a whooping 112 entries.
The evolution of this trade plan format is based on what we already know. i.e. if a qualified trend in prices develops, we can follow it with the known expectation that it will continue for a period.
The forces are all around us proposing we follow various paths.
They bleat at us ceaselessly.
We need to be alert to the behaviour of investors, understanding the repetitive nature of their behaviour, can be a big advantage.
Stock Market Books That Have Helped Me
Each time you add a layer of complexity to you trading rules you dilute the power of your core objective playing out.
First and foremost, losses must be kept to a minimum and this is a factual qualification rather than an esoteric subjective thought. It is a key choice we make.
Few winning stocks are necessary to ensure profitability using the Stockradar strategy so the win loss ratio on its own is not a good benchmark. We need to dig a little deeper.
The aim of the Stockradar strategy is to make money in a bull market and to keep you safe in a bear market.
Perspective is a key word here because it helps us control our emotional behaviour which can often be at odds with the systematically based rating. It is a good controlling influence for a trader.
I go about my business of doing what I do unemotionally and that’s how you follow a strategy, with belief, conviction and a fair dose of money management.