The next step in building our casino so that we have the house odds in our favor is to look at the edge, or in system trading terms, expectancy. Let’s take a look at the house edge in a few casino games: Game House Edge Baccarat 1.2% Blackjack 0.8% Craps 1.6% Roulette 5.3% So exactly what does this mean? Let’s … Read More
Less Is More–Usually
Less is more—most of the time. In my early days, I started out with almost twenty different indicators in a single system—and why not; the computer was going to do all the work. I figured that if I combined enough techniques, I could find the perfect entry signals—I hadn’t even thought about the importance of exits back then. Well, needless … Read More
Sometimes It Pays To Be Boring
What if I told you it was possible to be up over 30% year to date trading just QQQ about once every other day. Sound boring? And the only thing you had to do was to turn on your computer—well, not the only thing—and that you would have to have a thoroughly tested trading system first. And if you did, … Read More