Two years anniversary of this blog and a closing summary

Thank you

2 years, 47 posts, 22k page views...

I started this blog in December 2013 to share my story of becoming a consistently profitable forex trader, to help myself clarify my thoughts and plans, and to get some more motivation to follow my own trading plan.

Now in December 2015 I believe I can say that this blog has met the objective stated above :-) 
And I hope it offered some helpful perspective and materials to my readers.

At this point I am most likely to discontinue posting here, but the materials will remain available online.

I will continue to be active in the markets and I will now most likely focus on strategies that offer the highest return vs. time spent on trading... such as weekly momentum stocks strategy and a portfolio of ETFs that I will re-balance quarterly.

Trend following system on forex and commodities, using daily bars... I continue to think is a good strategy and yet I came to realize that its time requirements and capital requirements to make trading it really worthwhile... are somewhat higher than I estimated.

And so I felt like sharing this insight also here, in all honesty. But anyway most aspiring traders will need to experience this on their own vs. just reading about it.

Thank you and all the best in 2016 and beyond. 
Michal

Two great trading books

Two great trading books I'd like to recommend

1. Stocks on the Move (link)
2. Following the Trend (link)
   by Andreas F. Clenow

His website is here.

What is absolutely unique about these books:

• mechanical properly backtested system, fully disclosed, tested on a large sample of markets and long period of time, with great results, with results that can be verified
• a story how it would likely feel like to trade the strategy, year by year, very powerful, so true... and those who actually traded a strategy will understand this part very well
• hints on how to properly test the systems: right data, considering dividents, special events; portfolio re-balancing, right benchmark, etc. Plus a unique, and critical, view on Wall Street and S&P500. 

I very much recommend them (this is not affilate link, this is an unbiased reco). 

I actually am planning to implement the stratgies from the book, on another account dedicated for them. 

Again, I really recommend these two books.

New resources

New resources and tools I use

This is to share a couple of resources I am using now and I am finding them very helpful.

Trello.com 

I now use trello boards and lists as my trading journal. I have a trading "board", then I have a list for each strategy or technique or system that I trade, and then an "item" for each market or currency pair. As I open each item, I paste chart screenshots and record my comments. It is very visual, very easy to find things, easy to use. It also makes it easy to share charts with a get image URL function.

Portable MT4

I have my MetaTrader 4 installations on box.com. And I launch terminal.exe with a /portable option. As a result, it stores the data in its sub-folder only. And box synchronizes it automatically across different PCs I am using.  Very effective productivity help this is for me.  For example, when I add a new script or chart template... it automatically gets added on all my PCs.  And backed up.

End of day Trend Following system rules

This is to present an end-of-day trend following trading system rules

Here I will provide specific rules for a trend following system I backtested and I believe it can be profitable.