Build Trading and Investing Models in Excel
Learn to design, code, construct and test Excel models that make money!
One of the big questions when developing a breakout trading system is "how do you define a 'breakout'?" Defining a breakout usually comes down to four criteria: What is the look-back period? What high (or low) price do you use to define the breakout level? How far...read more
When trading price breakouts, the second worst thing that can happen is getting caught in a bull or bear trap. Instead of following through with the initial move, price quickly reverses and reenters the price range from which it just escaped. If you're smart you...read more
Breakout trading strategies are some of the best systems for generating significant capital gains. However, breakout systems pose a particular challenge that can chew up your account equity quickly: Is this price move really a breakout? If you can't answer this...read more
A few years ago I made a $1,000 trade in Advance Emissions Solutions (a clean coal company NASDAQ: ADES) for around $5 per share. After two years and 3 long trades, ADES topped out at over $28 per share. The net profit on my long trades was over $16,000 on that...read more
I get this question all the time. "I use Trading Software X and it has all the bells and whistles. Does your Excel software do what Software X does? I just want to make money." [signed, Trader Losing Money] You know my answer? "It's not the software." I've used the...read more