The US dollar continues to sell-off as traders wonder when the weakness will come to an end. The original hope was that retail sales would come in strongly to help the dollar stage a much needed relief rally.
Tim Bourquin interviews Jan Arps, who talks about what makes a good automated trading system deliver profitable trades in various market conditions and how back testing is an essential component of designing a system.
Most traders use the target price and the stop price as their model of risk and reward, and leave it at that. However, they may be missing an important risk/reward concept.
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It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.