Trading School For Relaxed Traders

RSI Stock Trading System Since the 1060's

An RSI Trading Strategy That’s Been Working Since 1920

This RSI trading strategy (also called a "trading plan") has correctly timed the market 84% of the time since 1920!

Now, the idea of a “plan” is not a foreign concept.

You have a plan to get to work each day, you have a plan to make dinner, you have a plan to call your mom on Mother's Day, right?

But, insanely, 95% of traders don't have any plan whatsoever when it comes to their trading; they are flying blind.

Therefore, in this post, I want to expose you to what a trading plan, called a "strategy", looks like and then go over a simple RSI strategy you can use in your own trading.

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An RSI Trading Strategy That’s Been Working Since 1920
Turtle Trading

Are the Original Turtle Trading Rules Still Working?

Do the original turtle trading rules still work in a modern trading world?

They certainly did in the 1980's!

In fact, the rules made millionaires out of normal folks with very little starting capital. 

Since these rules were some of the very first ever used, it's important to take a closer look.

Let's see if they still work, how to improve them and what the modern computer code looks like.

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Are the Original Turtle Trading Rules Still Working?
QQQ Trading Stratey

The Code for a QQQ Trading Strategy

Here's a new QQQ trading strategy if you want to swing trade the NASDAQ instead of the S&P 500.

Previously, I laid out a simple SPY swing trading strategy requiring only basic counting, but now, we're going to dive deeper into some math.

Let's check out this new strategy together.

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The Code for a QQQ Trading Strategy
vix trading strategy

The VIX Trading Strategy Made Simple

You can make your own VIX trading strategy using price itself.

You know the so called "fear index" that's shown all over the internet and financial TV?

I'm going to prove it's utter bunk, just more hot air from people that have never tested trading ideas in their lives.

First, I'll show you how to make a "synthetic" VIX indicator, which is far superior. 

And second, a highly accurate synthetic VIX trading strategy that times the stock market with 81% winning odds.

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The VIX Trading Strategy Made Simple
The Reverse MACD Trading System

The MACD Trading Strategy Only Works Flipped On Its Head

Do you use the MACD trading strategy?

Well, I've tested it, and the results are going to shock you - it doesn't work at all!

It's the reverse MACD trading strategy that actually works.

Back when I first started trading, I read all the books on technical analysis I could find...and guess what?

All the book were wrong!

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The MACD Trading Strategy Only Works Flipped On Its Head
gold trading system

An Opening Range Breakout Strategy for Day Trading Gold

I'm going to lay out, in all its glory, a very simple opening range breakout day trading system for gold that I wrote years ago.

And because its rules are so simple it continues to work in the world's most difficult trading environment:

Real-time!

Let's dive deeper into how this system works and how you can make this opening range breakout system for yourself.

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An Opening Range Breakout Strategy for Day Trading Gold
Flash Crash Trading System Post

Flash Crash Trading Strategy With 81% Winners

Seems like flash crashes are happening more and more regularly.

Let's first look at why flash crashes happen.

Then let's build a super simple trading system to make money during these nasty events.

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Flash Crash Trading Strategy With 81% Winners
How to backtest a trading strategy

How to Backtest a Trading Strategy Like a Fool

I woke up this morning and grabbed a cup of coffee, then just for fun, I decided to type how to back test into YouTube.

I was curious to see how much more advanced the younger generation was at systematic trading.

The results for me were like fingernails on a chalkboard...

Only trade with you test - or you're a fool!

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How to Backtest a Trading Strategy Like a Fool
ETF Sector Rotation

Is ETF Sector Rotation The Key To Riches?

To understand ETF Sector Rotation trading imagine you were able to keep betting on the leading horse as it went around the race track.

As a horse takes the lead, you move your bet from the ETF leader to the new one.

Keep doing this as the horses round the track and you could win every time.

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Is ETF Sector Rotation The Key To Riches?
Will Your Trading Strategy Work In The Future

Why Out of Sample Testing Is Important

I've seen hundreds of good looking trading strategies turn into a big, steaming pile of horse manure when traded in the real world all because they weren't out of sample tested.

How can a strategy that seems great on paper turn into a loser almost immediately?

Without a doubt it's because the designer didn't understand the basics of statistical analysis, and out-of-sample testing that's required.

But you can determine if a strategy is junk or pure gold using a formula taken from real engineering.

Let me show it to you so you don't waste anymore time and money.

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Why Out of Sample Testing Is Important
How to day trade gold

Who Knew Day Trading Gold Was This Easy

You can day trade gold with only 3 lines of code if you know exactly when a strange quirk in price shows up.

This phenomenon in gold is so unique that I haven't seen anyone else talk about it.

And I almost completely missed it if it hadn't been for a lucky fluke of observation.

Let's take a deep dive into how you can pull gains from the gold market with incredible ease.

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Who Knew Day Trading Gold Was This Easy
The Reddit Trade Is Over

Reddit Day Trading Is Finished

If I had to make a guess, I'd say most of the people Reddit day trading are "News Traders" (worst type you can be) and unfortunately have no idea of the freight train that's about to hit them.

News Traders might catch a few quick early wins, emboldening them.  

But, over time they always lose money and leave the game because they don't have a proven system in place.

The Reddit trade is over, don't catch the falling knife!

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Reddit Day Trading Is Finished
3 lines of code to beat the stock market

3 Easy Lines of Code to Swing Trade SPY

It's time to stop treating your swing trading as a hobby. It's time to get serious.

Understand the odds of every trade you make is the only way to make consistent money swing trading stocks.  

No more guessing and no more listening to gurus that don't back up their "hot picks" with proven odds and statistics.

In this post, I layout three lines of code for a simple SPY swing trading strategy that you can use to time the S&P 500 with 82% winning odds.

And the best part is you don't even need a computer, but some basic counting is required.

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3 Easy Lines of Code to Swing Trade SPY
Technical Analysis is Garbage

Does Technical Analysis Work? Nope!

Technical Analysis officially died on April 21st, 1982, the day stock index futures first appeared on the Chicago Mercantile Exchange.

Ever since, the stock market’s behavior has become more volatile in the short-term due to the tremendous leverage that traders can use to their advantage (or demise).

In this post, let's explore the hotly debated question, does technical analysis work?

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Does Technical Analysis Work? Nope!
opening range trading system

Short SPY ETF With an Opening Range Breakout Strategy

If you follow this opening range breakout strategy you can easily sell short the SPY ETF for a day trade.

These patterns also work in the gold market, the only difference being that you go long gold when you see them.

Let's take a deeper look at why you want to short SPY when three very specific things happen.

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Short SPY ETF With an Opening Range Breakout Strategy
Fibonacci retracement levels don't work

Automated Fibonacci Trading Is A Dead End

I tried to make an automated Fibonacci trading strategy once, and it didn't work.

I discovered that Fibonacci retracement levels are akin to Santa Claus, the Toothy Fairy, and the Holy Grail.

They are only figments of your imagination and nothing more than random chance.

Fibonacci retracements are completely bunk, and I'll demonstrate why.

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Automated Fibonacci Trading Is A Dead End
stock market pareidolia

Pareidolia Will Doom Your Trading Account

If you don’t know what pareidolia is, don’t be hard on yourself, because it’s likely that your spellchecker doesn’t know either.

Basically pareidolia means that you, as a human, tend to create significance out of events when there is none.

In other words, you can be easily fooled by randomness if you aren't careful.

And when it comes to the stock market, pareidolia can lead to financial ruin.

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Pareidolia Will Doom Your Trading Account
Stock Trading 101

Trading 101 | The Fundamentals

The vast majority of traders and investors basically don’t have much of a plan.

And most believe that all they have to do is listen to analyst recommendations and breaking news and they'll be set for life.

Wrong!

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Trading 101 | The Fundamentals
What trading system will work in the future

In 100 Years What Trading System Will Still Work

The other day a friend asked me that if he time traveled 100 years into the future what trading system for stocks would still be working?

I thought I would go ahead and share what I came up with.
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In 100 Years What Trading System Will Still Work
Position size calculator stocks

Stock Position Size Calculator For Pro Traders

If you have any money in the stock market you MUST know this one position size calculator for stocks equation.  

It has the power to turn even the worst investors profitable and break-even traders into money-making rock stars.

Check it out.

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Stock Position Size Calculator For Pro Traders
never trade options

I Changed My Mind About Options. Here’s Why.

Are you an options trader?  

If so, my feathered friend has a warning for you.

This wobbly turkey is hatched on a farm on a perfect sunny morning.

It’s fed every day, kept safe and secure from the elements by the friendly farmer.

This turkey lives a good, predictable life.

That is until one day…

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I Changed My Mind About Options. Here’s Why.
Your best trades were terrible

Some of the Best Trades Ever Were Not So Great

Let's say you had a crystal ball, and timed the bottoms and tops of the three best trades in the last 15 years perfectly...

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Some of the Best Trades Ever Were Not So Great