Backtests

Should Mark Twain have included backtests when he said "lies, damned lies and statistics?" Many would argue yes, and many would be right. After all, it's insanely easy to doctor backtests. Whether done on purpose or simply due to lack of knowledge, erroneous backtests are very common. And perhaps that is why they get such…
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Emotional Stability

One of the greatest challenges in the business of trading and investing evolves around emotional stability. About having a positive view of your ability even during periods of under performance or drawdown. Whatever you do in life, self-confidence plays a pivotal role. Teeing off, taking a shot from the free-throw line or even making a…
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Success Requires Honesty

Honesty is a subject almost never discussed and yet so important in achieving success. By honesty, I mean accepting the reality of the situation before you. To see reality as just that, reality. Not to twist the truth to fit a comfortable or convenient narrative. In the capital markets, lack of honesty will cost you money.…
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Becoming A Successful Trader

Benjamin Franklin failed to include self-help books when he said "in this world nothing can be said to be certain, except death and taxes." If there was ever a business that is almost guaranteed to stand the test of time, it is that of self-help books. They will never stop selling. Which seems a little…
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