A couple of Newsletter subscribers asked about installing automated backtesting strategies in Forex Tester 2, So I decided to make a video. I believe that FT2 is the best manual forex backtesting software out there, but it can be used to test automated strategies as well. Here is how you do it: Click here for […]
On a recent trade, I was able to stay in the trade because I focused on price action. However, my ability to stay in a trade and see it to fruition is not as nearly as reliable as I would like it to be. As I continue to work on this, I thought that I […]
I had a question from a reader about how to change the leverage that is used during backtesting. This is a great question and I don’t think they go over it in their instructional videos. The leverage does not need to be exact to the penny, but it must give an accurate representation of actual […]
If you use Fibonacci Retracements a lot, this tutorial may just be for you. In a previous post, I showed you how to do this with a few screen shots and some written instructions. Since then, I have become significantly more sophisticated (cough, cough) and I thought that I would do a video for you […]
Sometimes your chart and take a little time to move back to the current bar after you have scrolled back. This post will show you how to solve this.
Green Fairies can be the worst thing that ever happens to you. Find out why and how you can avoid falling under their spell.
This is a great feature in Forex Tester 2 that you may not have known about. I only just started using it recently and it allows me to see where my system stops working and how volatile it is. These are two metrics that are not immediately evident when looking at the final testing results. […]
UPDATE: (4/7/11): The free option is not working anymore. The only way to setup text message alerts is by following the instructions in this post. How do you know when the GBPCHF is close to entering a limit order when you are away from your computer? Set up an alarm that sends a text message […]
I am always looking at other blogs and trading forums, trying to find good ideas for this blog. Information that you could use to become a better trader: news, biographies, answers to problems or stuff you would just find entertaining. In my web surfing, I came across the term “The Trading Lifestyle” while reading through […]
One of the fun things about being a trader is being able to have multiple monitors. At some point it becomes ridiculous, but in my opinion, a minimum of 2 or 3 monitors can really boost your productivity. Longer term traders may not need it, but it is very helpful for shorter term traders because […]
It’s easy to backup our computers. But we always forget to do it and that can have huge consequences. Learn the easy way to backup your trading computer.
If you have blown out your trading account, you have two options. You can sit down in the corner to cry and never trade again. Or you can get back up on the horse and figure out a way to build a new trading account. This post will give you some ideas on how to do it.