Day 6 of the $50K-to-$100K Challenge closed at net +$1.11 official — essentially breakeven, and on the surface, a perfectly fine, unremarkable day. Look inside it and there were three separate problems: a logged rule break trading against the daily bias, an order-entry error, and an impulse add marked rule-not-followed on the trade log. Read … Continue reading The Green Day That Hid a Leaking Process
Forward Testing on Demo: The Step Traders Skip and Regret
Passing a backtest just means your strategy survived the past. Forward testing on demo proves you can actually execute the rules in real time before real money is on the line.
Backtesting Basics: Proving (or Killing) a Strategy Before You Risk Real Money
Backtesting exists to answer one question before money is at risk: do your exact rules make more than they lose? Here are the four ways traders fool themselves with backtests.
Defining Your Trading Edge: What Are You Actually Getting Paid For?
An edge is a specific, definable reason the market pays you more than it costs you to be wrong. Here's how to identify yours before you write a single entry or exit rule.