Your Trading Strategy Will Fail Until You Understand This ONE Process

Описание: Learn the top 3 trade setups we are using on the desk here: https://bit.ly/48TgJik

Spotify: https://open.spotify.com/episode/0m2H...

In this episode of the Trading Floor podcast, we dive into the essential process that every trader must understand to avoid failure in their trading strategy. Host Garrett and co-host Tim engage with expert Dave Mabe, who emphasizes the importance of backtesting and developing a solid strategy. Viewers will learn the significance of taking ownership of their trading, optimizing strategies through data analysis, and the art of skipping bad trades, making this video a must-watch for active and day traders looking to enhance their execution and decision-making skills.

00:00 Why Most Traders Get the Same Results (and Why Some Don’t)
02:10 Dave Mabe’s Journey: From Discretionary to Fully Systematic
05:00 Strategies Don’t Need to Be Unique to Be Profitable
08:45 Optimization Is the Real Edge
11:20 Why You Must Build Your Own Strategy
13:45 How Dave Finds New Strategy Ideas
16:00 Turning Losing Trades into New Strategies
18:00 Backtesting as a Truth Serum
22:15 Why Your First Backtest Should Cast a Wide Net
27:00 Can You Cast the Net Too Wide?
31:00 Strong Signals vs Wide Exploration
37:40 The Power of a Column (Indicator) Library
44:05 If You Could Only Use 3 Indicators Forever
59:00 Profit Targets, Partial Profits, and What the Data Says
01:12:10 The Billboard Message Every Trader Needs to Hear


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