Backtesting vs Journaling: Why You Need Both to Prove Your Edge
What backtesting tells you, what it cannot, why live trading results differ, and how a trading journal closes the gap between a strategy on paper and in practice.
Setups, technical analysis and backtesting, and how to measure whether a strategy works for you.
What backtesting tells you, what it cannot, why live trading results differ, and how a trading journal closes the gap between a strategy on paper and in practice.
How traders use simple and exponential moving averages for trend direction, crossover signals, pullback entries and trailing stops, and the trade-offs of each approach.
What support and resistance are, how to identify meaningful levels, why levels can flip, and how to use them for entries, stops and targets.
How breakout trading works, what makes a breakout more reliable, entries, stops and targets, and how to deal with false breakouts.
What VWAP is, how it is calculated, why institutions watch it, and how day traders use VWAP for trend bias, pullback entries and reclaim setups.
How the relative strength index is calculated, what overbought and oversold really mean, divergences, and how to use RSI as a filter rather than a signal on its own.
Why stocks gap at the open, the difference between gap-and-go and gap-fade setups, what affects which one works, and how to manage the risk of trading gaps.
How to trade pullbacks within a trend, how to tell a healthy pullback from a reversal, entry triggers, stop placement and how to measure your pullback setups.
The core principles of trend following, typical entry and exit rules, the low win rate and long drawdowns to expect, and how a journal helps you stay disciplined.
How Bollinger Bands are calculated, what band width tells you about volatility, the squeeze setup, walking the bands in trends, and mean-reversion uses.
How the opening range breakout strategy works, choosing the range length, entries, stops, targets, filters and how to measure whether ORB works for you.
What a trading plan should include, from goals and markets to setups, risk rules, routines and review, with a template you can adapt.