_"You typically want to put a new strategy on when it's had a losing streak, a couple of losing trades... to give you a buffer if it does head to worst case drawdown."_ - David Bean
After developing 3 strategies with 6 months continuous focus on only 1 market I am having serious anxiety while executing in live trading. Not able to focus properly on all the strategies at once, how to look from all different perspectives
Prepare a Checklist or a Table containing the criteria for Entry/Exit for each Strategy during the weekend. When the trade days start (i.e. Mon-Fri), you compare the current mkt condition with the criteria on the Checklist to confirm a trade entry/exit. Therefore, you don't need to "THINK" when you put your orders to the broker.
What was your #1 takeaway from my chat with David? Let me know in the comments below.
_"You typically want to put a new strategy on when it's had a losing streak, a couple of losing trades... to give you a buffer if it does head to worst case drawdown."_ - David Bean
David is a great guy - offered a short word of advice w me when I randomly messaged him for tips w my algo
Thank you, why are the last few episodes down? Been enjoyinh these guests a lot
glad you're enjoying them @Javi
After developing 3 strategies with 6 months continuous focus on only 1 market
I am having serious anxiety while executing in live trading.
Not able to focus properly on all the strategies at once, how to look from all different perspectives
Prepare a Checklist or a Table containing the criteria for Entry/Exit for each Strategy during the weekend.
When the trade days start (i.e. Mon-Fri), you compare the current mkt condition with the criteria on the Checklist to confirm a trade entry/exit.
Therefore, you don't need to "THINK" when you put your orders to the broker.