Category: Trading Wisdom

Table of Contents In today’s fast-paced markets, successful traders are increasingly turning to algorithmic trading to gain an edge. If you’ve been trading manually with a consistent system, you’re sitting on a valuable asset that could be transformed into an automated strategy. Converting your discretionary trading approach into an algorithm offers numerous benefits: consistent execution,…

Table of Contents In the world of trading, particularly intraday trading, success doesn’t come from gut feelings or random decisions—it comes from well-tested strategies with proven track records. But how do you know if your trading strategy actually works? The answer lies in backtesting—the process of testing a trading strategy against historical data to see…

Table of Contents The allure of intraday trading is undeniable — quick profits, the excitement of market movements, and the freedom to potentially earn from anywhere. Yet, statistics consistently show that approximately 90-95% of intraday traders lose money. This staggering failure rate isn’t random; it stems from specific, identifiable patterns that trap even the most…