Ed Seykota’s Magic Trading System

Edward Arthur Seykota is a commodities trader who pioneered Systems trading by using early punched card computers to test ideas on trading the markets. He famously said: ” Systems don’t need to be changed. The trick is for a trader to develop a system with which he is compatible.” Below are the points he has … Read more Ed Seykota’s Magic Trading System

When to Exit a Trade

For a successful trade to taken place the whole trading cycle ie. Analyzing -> Entering the Trade -> Exiting the Trade should happen flawless.When such trade are done over a prolonged period of time, consistency and profitability in trading comes.  Most of traders are very good in Analyzing and entering the trade but fails at … Read more When to Exit a Trade