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Waiting for Confirmation? Don’t wait too long!

A popular concept in the world of trading, especially among technical traders and chartists is to wait for confirmation before entering a trade. This means you have a Signal, for example a price action pattern and now you wait for the markets to confirm that pattern before you enter. The idea of course is to filter out bad trades this way and to gain confidence before entering the trade. But that ...
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Jean1975
Hello Marco, Great post, I couldn't agree more. Here are my 2 cents from my personal trading experience. Speaking about intraday... Read More
Thursday, 20 October 2016 07:31
Marco Mayer
Hi Jean, thanks for your comment! I totally agree with you, the smaller timeframe you're trading, the more noise you'll have. The... Read More
Thursday, 20 October 2016 10:07
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Walk-Forward Testing

Walk-forward testing is the first real step in testing any system on live data. A trader should be somewhat confident that the system or method can produce results in line with the hypothetical results received from back testing. At this stage of testing, it’s important to watch a trading system or method run over live data for a period of weeks or months until a large, statistically valid univers...
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Derivative transactions, including futures, are complex and carry a high degree of risk. They are intended for sophisticated investors and are not suitable for everyone. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results, and all of which can adversely affect actual trading results. For more information, see the Risk Disclosure Statement for Futures and Options.