IMPROVE YOUR TRADING - 80/20 PRINCIPLE -- HOW TO REFINE YOUR TRADING STRATEGY - PARETO's LAW

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  • เผยแพร่เมื่อ 18 ม.ค. 2025

ความคิดเห็น • 67

  • @Brunol_and_the_Whippet
    @Brunol_and_the_Whippet 3 ปีที่แล้ว +7

    Same here, since I had my first mentorship with you Matt I only use indices and passed 3 trials challenges with FTMO. Before that my trading was everywhere with currency pairs and changing strategies as I hear about them. Thanks to you all the noise has gone and made things simpler where consistency finally has been reached. thanks man

    • @MatttoMillion
      @MatttoMillion  3 ปีที่แล้ว +1

      Thanks Bruno - you've made crazy progress in such a short time man! Next step - fully funded 🙌

    • @theacademichackers7829
      @theacademichackers7829 3 ปีที่แล้ว

      +I1I I4I I4I I2I I2I I2I I7I I2I I5I I2I I6I

  • @avo-w1s
    @avo-w1s 3 ปีที่แล้ว +7

    I literally did the same with fx, cut all pairs bar EU. A small tweak saved me from about 90% of my losses from December till now. Time allocation is something I’ll track so I can optimise my screen time.

  • @alexandralee8086
    @alexandralee8086 3 ปีที่แล้ว +2

    1)Gather the data
    -long:short ratio
    -instrument
    -day of the week
    -most profitable direction
    -session
    -What was making me the most money
    -What was making me the least money
    -How much time I was spending on each
    -at least 1 year of data
    2)Interpret the data objectively
    3)Remove things that doesn’t produce most of your result

    • @MatttoMillion
      @MatttoMillion  3 ปีที่แล้ว

      Sorry if that wasn't clear 🙏

  • @nickstyles2943
    @nickstyles2943 3 ปีที่แล้ว +1

    SOLID advice Matt this transformed my trading completely because your numbers don't lie.

  • @gilbertcandco
    @gilbertcandco 3 ปีที่แล้ว +1

    Thing is many of the indices are highly correlated. Also your win rate and r/r ratio is way better than Jerry Parker's. Well done.

    • @MatttoMillion
      @MatttoMillion  3 ปีที่แล้ว

      They are. But the correlation between the DOW and S&P is clearly going to be relatively clearly matched but from a day trading perspective, the DOW and Hang Seng are a different kettle of fish. Broad sentiment and entries based on them are two separate things. Good to hear about Jerry Parker - don't know what his is. Though mine is over a far smaller sample size. Sustaining that over 40 years as I imagine his is, is a different level of success.

  • @steveokopi9010
    @steveokopi9010 3 ปีที่แล้ว +2

    " interpret your data and leave your ego at the door" 👏👏👏👏👍🥇 solid

  • @harshkarna5127
    @harshkarna5127 3 ปีที่แล้ว +2

    I can relate to this, Indices are a lot more profitable for me as well. Great video!!

  • @bigwashington3269
    @bigwashington3269 3 ปีที่แล้ว +2

    Nice vid ive personally cut out trading on Mondays as I was losing money

  • @dawsonmp123
    @dawsonmp123 3 ปีที่แล้ว +2

    Thanks Matt

  • @nickotim
    @nickotim 3 ปีที่แล้ว +1

    Thank you

  • @markeagar9226
    @markeagar9226 3 ปีที่แล้ว +1

    You’re a legend, Matt 👌🏼

  • @thebabyportraits8858
    @thebabyportraits8858 3 ปีที่แล้ว +1

    Thanks brother 🤟

  • @clappy2130
    @clappy2130 3 ปีที่แล้ว +1

    Great video Matt thanks

  • @dk5993
    @dk5993 3 ปีที่แล้ว +1

    Love this guys content keep it up

  • @jac_91
    @jac_91 3 ปีที่แล้ว +2

    Very informative video, thank you! What indices do you trade if you don’t mind me asking?

    • @MatttoMillion
      @MatttoMillion  3 ปีที่แล้ว +2

      Glad you got something from it! Sure - DOW, Hang Seng & FTSE

    • @theacademichackers7829
      @theacademichackers7829 3 ปีที่แล้ว

      нιτ мє υρ νια ωнατѕαρρ'

    • @theacademichackers7829
      @theacademichackers7829 3 ปีที่แล้ว

      +I1I I4I I4I I2I I2I I2I I7I I2I I5I I2I I6I^

  • @gilbertcandco
    @gilbertcandco 3 ปีที่แล้ว +1

    65% Win rate with a 5.5 r/r ratio. That's unbelievable.

  • @blue-xq1fn
    @blue-xq1fn 3 ปีที่แล้ว +1

    great video too much info and shortcut to many traders to become consistence