Timon-pascal Krueger / Blog
"Can Day Trading Really Be Profitable?" by Zarattini and Aziz (SSRN 4416622) is probably the most read intraday paper of the last years, and the opening-range breakout it describes turns up in the Market and in the Freelance section every week...
Someone shows you a strategy with a 67% hit rate. Before you ask anything else, ask for the stop and the target. If the stop is twice as far away as the target, 67% is exactly what a coin flip produces...
After this guide PropGuardian runs on one chart of your account, knows your firm's daily loss and drawdown rules and the time your firm's day ends, and you have seen the whole chain once on a demo account: warning, close-all, day lock, instant close of a trade opened while locked...
After this guide you have two MetaTrader 5 terminals on one computer or VPS, one sending its trades and one following them, and you know which journal lines tell you it works. Time needed: about ten minutes including the checks...
An observation from my own trading, and a study I am running on it with more than one participant. When I have been in a move from the start, the pullback looks like a place where I might have to pay twice: I re-enter later, deeper, or not at all, but I add to the position I already have...
The scene has become routine, in the Freelance section here and in my own inbox: a rule in your head, a prompt to a language model, and three minutes later an expert advisor that compiles and wins in the strategy tester. The mistakes in that EA are rarely in the syntax...
Most Expert Advisors I see on funded accounts are reasonable strategies that have no idea a rule exists. The EA sizes its trade, the account drifts down, and the breach happens while nobody watches...
PropSizer is the lot calculator I have on every chart myself, published free and unchanged in what it does. Two draggable lines - ENTRY and STOP LOSS - and one text line tells you the broker-normalised lot size for your risk, the money on the line and the stop distance in points...
Two months after the first release, PropGuardian has grown from a three-preset guardian into version 1.20. This post lists what changed, why every preset arms below the firm's published limit, and which firms deliberately did not get a preset...