One idea about gaining the right information is to learn from those traders whom have achieved a measure of success. The traders mentioned below have proven themselves through verified competition environments. Books sold through Amazon.
Kevin Davy has placed several times in year long World Cup Championship competitions at https://www.worldcupchampionships.com/standings-3. 1st place 2006 = 107%, 2nd place 2007 = 112% and 2nd place 2005 = 148%.
Entry and Exit Confessions of a Champion Trader: 52 Ways A Professional Speculator Gets In And Out Of The Stock, Futures And Forex Markets by Kevin Davy [Book sold through Amazon] |
Building Winning Algorithmic Trading Systems, + Website: A Trader's Journey From Data Mining to Monte Carlo Simulation to Live Trading (Wiley Trading) by Kevin Davy [Book sold through Amazon] |
Larry Williams in the World Cup Championship competition at https://www.worldcupchampionships.com/standings-3 placed 1st in 1987 = 11,376%. Turned $10,000 into $1,147,607 over the 12 month competition period.
NB : With such an outstanding result not sure why Larry has not succeeded in winning since then over a 32 year duration? Michelle Williams (his daughter) whom he no doubt trained did win in 1997 with a 1,000% return.
Trade Stocks and Commodities with the
Insiders: Secrets of the COT Report by Larry Williams [Book sold through Amazon] |
Long-Term Secrets to Short-Term Trading by Larry Williams [Book sold through Amazon] |