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PipsMorrow

Strategy and System Building

Turning things that work sometimes into rules you can test, measure and keep — and learning how easy it is to fool yourself while doing it.

ADVANCED
  • 6 lessons
  • 24 topics
  • ~2.2 hrs
Start the first lesson

By the end of this track

You can write a strategy down precisely enough that someone else could trade it, and test it without flattering it.

What this track covers

From idea to rules

If it cannot be written down, it cannot be tested, and you will never know whether it worked.

01

Choosing a Trading Style That Fits Your Life

20 min4 topics

Scalping, day trading and swing trading make very different demands on your time, costs and temperament.

  • Holding period and everything it changes
  • Cost per trade versus expected move
  • Screen time you can sustain
  • Choosing, and sticking to the choice
Start lesson
02

Turning an Idea Into Written Rules

24 min4 topics

Entry, exit, size and the conditions where the rules do not apply — all stated before any testing.

  • What counts as unambiguous
  • Entry, exit, size, and standing aside
  • The readability test
  • Versioning the rules
Start lesson

Testing it

Most backtests are wrong in the same few ways. This module is mostly about those.

04

Forward Testing and the Limits of Demo

20 min4 topics

What a demo account proves, what it cannot, and how long forward testing has to run.

  • What demo leaves out
  • Sample size before conclusions
  • Small live size as a middle step
  • The abandon criteria, set first
Start lesson

Judging it

The numbers that say whether to keep going, and the ones that only look like they do.

05

The Metrics That Actually Matter

22 min4 topics

Expectancy, drawdown and consistency, and why total return on its own says almost nothing.

  • The short list
  • Risk-adjusted comparison
  • Consistency and its measures
  • Metrics that mislead
Start lesson
06

Over-Optimisation and Curve Fitting

22 min4 topics

Why the best backtest is usually the worst strategy, and what to do instead of tuning.

  • Degrees of freedom
  • Peaks versus plateaus
  • Out-of-sample as a check, not a tuning set
  • Knowing when to stop
Start lesson

6 lessons · ~2.2 hrs