Available translations

Tutorial - Defining a Trading Idea

Summary: Before you may build a Trading Strategy, you first need to come up with a clear and testable trading idea.
A trading idea is a precursor to a trading strategy. While a complete strategy entails the rules for taking, managing and exiting a position, a trading idea is concerned with the first of those issues only.
Testing a trading idea before committing to building a complete strategy is the logical approach because managing and exiting failed entries is not what you should be aiming for!
This tutorial explains how to properly formulate a trading idea that may later be tested.
Defining a Trading Idea Tutorial
Tutorial Step - Before we start...