In my opinion backtesting can be a very powerful tool if used correctly.
The problem is that many traders over-use the functions provided by the different backtesting software packages and think more is better. Many so-called system developers try to imply that the longer you backtest the better and more robust your system will be. That’s [...]
Posts Tagged ‘Day Trades’
March 19th, 2010
How do I backtest the right way?
Posted in Investing 
Tags: August And September, Backtesting Software, Business Day, Commissions, Day Trades, Day Trading, Dramatic Change, Intraday Trends, Leverage, Margin Account, Minimum Equity, Nasd, Nyse, Online Daytrading, Software Packages, Stock Daytraders, Strategy Execution, System Developers, Ticks, Tradestation
Tags: August And September, Backtesting Software, Business Day, Commissions, Day Trades, Day Trading, Dramatic Change, Intraday Trends, Leverage, Margin Account, Minimum Equity, Nasd, Nyse, Online Daytrading, Software Packages, Stock Daytraders, Strategy Execution, System Developers, Ticks, TradestationFebruary 3rd, 2010
Day Trading or Investing for the Long Haul?
Posted in Investing Tags: Adequate Background, Background Analysis, Best Of Both Worlds, Day Traders, Day Trades, Day Trading, Financial Situation, Investment Capital, Investment Strategy, Long Haul, Long Term Investment, Mavericks, Pros And Cons, Prudent Approach, Quality Stocks, Single Day, Stock Market Investment, Stock Market Trading, Trading Strategy, Worse Case Scenario
Tags: Adequate Background, Background Analysis, Best Of Both Worlds, Day Traders, Day Trades, Day Trading, Financial Situation, Investment Capital, Investment Strategy, Long Haul, Long Term Investment, Mavericks, Pros And Cons, Prudent Approach, Quality Stocks, Single Day, Stock Market Investment, Stock Market Trading, Trading Strategy, Worse Case ScenarioAmong those who buy and sell stocks there is an ongoing debate about whether the most profitable approach to stock market trading is short or long term investment. And the two sides rarely reach agreement, because one side is rather conservative in its approach, whereas the other has a more radical and freewheeling attitude. Day [...]
January 5th, 2010
AVOIDING DAY TRADER STATUS WITH BETTER TRADES
Posted in Investing Tags: Better Trades, Brokerage Firm, Calendar Days, Classified, Consecutive Days, Day Trader, Day Trades, Issue One, Limited Funds, Monday Through Friday, Money, Nasd Requirements, Overwhelming Request, Trader Status
Tags: Better Trades, Brokerage Firm, Calendar Days, Classified, Consecutive Days, Day Trader, Day Trades, Issue One, Limited Funds, Monday Through Friday, Money, Nasd Requirements, Overwhelming Request, Trader StatusDue to an overwhelming request of questions about Day Trader Status I have decided to write this newsletter to look at these issues. Whether you know about it or not, you don’t want to accidentally learn about Day Trader Status by a notice from your brokerage firm saying that you are now tagged as a [...]