Daryl Guppy's Selected Newsletter Issue 28

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Dear Readers,

 

BERNSTEIN TRADING       

By Daryl Guppy
 

TRADING TACTICS
  

TESTING NEW IDEAS:
 

Advances in trading usually come from small changes and modifications. New ways of using old indicators sometimes give surprising results. When testing new ideas, whether they be original or from other sources, start by analysing the desired indicator signal to see how often it occurs, then back test this through your charting software or MS Excel to see how it worked historically.

            Once you are satisfied that it produces a better than even chance of winning, paper trade it in real-time for a short period to see how it performs in real-time.

Only then should hard earned cash be put on the line with 100% confidence, that your new found method will give a better than average result.
 

 

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We are always interested in exploring and adapting new trading strategies. Veteran trader Jake Bernstein in his most recent updated edition of THE COMPLEATE DAY TRADER  mentions a 5 period trading strategy that uses a moving average crossover trigger. This is based on a 

 

 

 

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Martin Wong

Trading Coach

Investmatic Management, SoHo, Ara Damansara, Selangor DE, Petaling Jaya 47301, Malaysia


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