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Dave Tromp

Trader - Coder - Budoka
I Trade Forex, Precious Metals, Crypto Currencies, CFDs on Stocks, ETFs, and Indices.
I code mostly using Python while working with Data and Open Source tools on Ubuntu Linux.
I am a life long Judo and AIkido practitioner.

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Dave Tromp

Dave Tromp: Amsterdam, Netherlands; Trader - Coder - Budoka
Forex, Precious Metals, Gold, Silver, Crypto Currencies, CFDs, Stocks, ETFs, Indices, Python, Data, Open Source, Ubuntu Linux, Judo, AIkido

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Home - Trading - Coding - Budo

My Trading Performance

How to back test a manually traded strategy using TradingView

Trading is hard. It takes a lot of practice. One way to practice and build skill and confidence is to back test a system over and over again. In this video I show you how I do this using online charts at Tradingview.

Tools of the trade

In this article, I will tell you about the possible tools you have at your disposal for trading. Whether you are building a fence or building a trading strategy, you need tools to get the work done. In the previous articles, we already looked at the question of why, how, what and where to trade. Now it is time to get some tools and set up an infrastructure for trading. We basically need three types of tools.

Why I Buy Gold and Silver

I own crypto currencies, because I have come to the conclusion that money as we know it today is no longer sustainable. I have come to this conclusion during the crisis of 2008. At that time I had the intuition / the gut feeling something was wrong not only with our financial system, but more specifically with our money. It took a few years of researching and investigating until I figured it out. The thing is, part of me did not want to believe it was true. And for a long time I did not act upon the intuition and knowledge I had. That changed last year when I decided to put my money where my mouth is and I started to accumulate crypto currencies. Cryptos align perfectly with my expertises: coding and trading. So I went for it... And with success.

Now I want to diversify my holdings more by adding Gold and Silver to it. I buy Gold and Silver as a hedge or insurance against the undwindled money printing of all of the governments / central banks of the world. Money, or actually, currenc…

Why I am a Trader and Investor and Why You Might Wanna be One Too

I am a coder by day and trader by night! Coding is my day job. I am fully aware that only having a job will not allow me to provide for my family and myself consistently in the long run. This is because most of the western societies are setup in a way to be more and more disadvantageous towards the working middle class. I do not need to be a billionaire to be happy, but our society is becoming more and more binary. It seems that one can either be rich or poor, in which case I opt to be rich, or at least hedge myself against being poor. Trading and investing are my hedge against this trend.

The super rich and us Below are two videos from the BBC documentary "The Super Rich and Us". It clearly illustrates and explains the polarization of wealth distribution in our current society. Here is a catchy quote from the documentary:

There are the haves, the haves not and the haves yachts! But actually we seem to be heading for a society where there are only haves not and haves yachts…

Seven Ways to Invest in Gold and Silver

In the previous post, I talked about why I invest in Gold and Silver. I explained that I mostly buy Silver coins, but there are many ways to invest in Gold, Silver and other precious metals such as Platinum and Palladium.
Here are seven ways to invest and trade in precious metals:
Own and store physical Gold and Silver coins or bars, aka bullion, yourselfRemote storageSpendable Gold and SilverGold and Silver ETFs aka paper Gold and SilverGold and Silver mining ETFsGold and Silver FuturesGold and Silver CFDs Bullion Storing your coins and bars in your own vault is like owning your own private keys in Crypto terms. There are many similarities between owning your own Cryptos fully in your own wallet and holding Gold and Silver in your own vault.
Just the same, security is your own responsibility. In both cases, you are in full control of your money. You are not dependent on banks and other third parties. On the flip side, you are fully responsible yourself for keeping your money/assets s…