State Signals for Analyzing Bar-By-Bar Metrics

Dr. Howard Bandy encourages using "state signals" versus "impulse signals" when developing and analyzing systems. My understanding of a state signal is that it is a continuous signal for every bar that defines the state of the trading system, example "be long", or "be short", or "be flat". Traditional indicators are defined as "impulse signals" … Continue reading State Signals for Analyzing Bar-By-Bar Metrics

A Hint Regarding Market Prediction Among System Developers

Some system traders still think that they are merely reacting to markets and that they don't predict markets. In reality, what they really believe is that they cannot predict markets better then their systems. But, there is a strong hint to determine whether or not a system developer truly believes that they don't predict markets. … Continue reading A Hint Regarding Market Prediction Among System Developers

Highlighting Dr. Bandy’s Excellent System Trading Videos

I wanted to share these excellent free videos from Dr. Howard Bandy. I found them extremely insightful and well made. As a tip, I prefer to watch all my educational videos at 2x speed, slowing down, where I need to spend more time on a concept.  Be sure to check his channel for additional excellent … Continue reading Highlighting Dr. Bandy’s Excellent System Trading Videos

Watch out for these mistakes among BTC predictions

I wanted to highlight some of the types of mistakes and errors I've seen among primarily analyst but, also, other traders. It is worthwhile to watch for these mistakes in your own analysis and thinking: Binary "all or nothing" thinking. It must be a great buy or sell here. Things are rarely certain in markets. … Continue reading Watch out for these mistakes among BTC predictions