If you use any of the following arbitrary inputs in your process- ask yourself why?
1. Dealing at the Open.
2.Dealing at the Close.
1/4
1. Dealing at the Open.
2.Dealing at the Close.
1/4
3. Using low footprint strategies like VWAP for execution. Strategies that are in fact the antithesis of adding alpha during the execution phase.
4. Cutting 1/2 of your position when in profit or loss (why half? Why not 16%).
5. Relying on free data or execution.
2/4
4. Cutting 1/2 of your position when in profit or loss (why half? Why not 16%).
5. Relying on free data or execution.
2/4
6. Trading economic fundamentals/data release strategies without NLP and latency advantages and without proving to yourself that the data has anything whatsoever to do with the future distribution of prices.
3/4
3/4
7. Treating today the same as yesterday in terms of, for example, stop loss magnitude.
4/4
4/4
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