Strategy
Why your backtest lies about drawdown
Of every number a backtest reports, maximum drawdown degrades live for reasons the others do not share. Here is each one, named.
Of every number a backtest reports, maximum drawdown degrades live for reasons the others do not share. Here is each one, named.
What to look at, in what order, and what to ignore. Log daily, judge weekly: a day is too small a sample to draw a conclusion from.
The formula, a worked example you can reproduce, the break-even win rate hiding inside it, and why the trade count matters more than the number.
Every journal template is a column list. Here is the reasoning under it: which field answers which question later, and which ones only you can supply.
MetaTrader 5 produces two different files people call a statement. Here is what each one holds, what it proves, and what it quietly does not.
Static, end-of-day trailing and intraday trailing drawdown are three different rules wearing the same number. Here is how each one is measured.
A 40% win rate can crush a 70% one. Here's the math that actually decides whether you make money.
A simple taxonomy of errors turns vague regret into a checklist you can fix, one tag at a time.
Entries are guesses. Position size is a decision. Here's the framework that separates the traders who survive long enough to get good.
The trade after a loss is the most dangerous one you'll place. Here's why, and how to interrupt it.
A backtest is a hypothesis, not proof. Here's how to tell the difference — and when to trust your numbers.
Demo teaches you about your strategy. Live teaches you about yourself. Here's how to cross the gap without blowing up.
Price action shows you what happened. Order flow shows you how. The basics that give context to every candle.
Discipline isn't willpower, it's a checklist. The ten-minute routine that frames every session.
The best setups are rare on purpose. Why doing nothing is often the highest-expectancy move.
A short weekly email on journaling, psychology and risk — written for traders who'd rather improve than chase. No signals, no hype.
Free · Unsubscribe anytime · No financial advice