Archive for February, 2010

Back Testing Your Trading System-Know These Shocking Limitations

A trading system might consist of a few indicators and a number of rules that tell when to enter the trade and when to exit the trade. Trading system is considered to be proven and tested if there is some date that supports its performance under live market trading conditions. However, it might not be possible to test a trading system quickly under live trading conditions. To overcome such problems, backtesting has been developed. Backtesting is done with the use of a software.


Where is Your Attention?

What you place your attention and focus on is what you will create in your life.


Would You Like More Money?

One of the main reasons people write to me is due to not having enough money. Is that an issue with you, as well? If you lack money in your life, it is because of not having an understanding of that area.