Why trading can be so challenging (and what to do) – Adam Grimes скачать в хорошем качестве

Why trading can be so challenging (and what to do) – Adam Grimes

Adam Grimes from Talon Advisors discusses why trading can be so challenging and what to do about it, including: • Why it can be so hard to learn from the markets, • The dangers of doing stupid things in the markets that generate a good outcome, • Random price movements and finding more predictable moments, • Why having success outside of the markets doesn’t guarantee you’ll be a good trader, • Trading psychology and interacting with randomness, • Adapting to uncertainty and mispricing risk, • Deliberate practise, Algo vs discretionary trading, when to stop trading a system, new events, out of sample date, how far to backtest and forward test before going live and much more. ► You can discover more from Adam at https://adamhgrimes.com and https://www.marketlife.com ❓Want weekly trading insights, expert interviews, Sunday Summaries and more❓ Join the free Better System Trader newsletter📰: https://bettersystemtrader.com/newsle... ⭐⭐⭐ Support The Channel ⭐⭐⭐ ☕ Buy Me a Coffee: https://buymeacoffee.com/bettersystem... ** Timestamps ** 00:00 Warming up with some tunes 00:04 Getting started 00:35 Adams background 02:30 Why is it so hard to learn from the markets? 05:15 Success outside of the markets vs market feedback 09:00 Wicked learning environment 09:25 Deliberate practise in trading 10:26 Doing stupid things in the markets that generate a good outcome 14:00 Is algorithmic/systematic trading a solution? 16:43 Random price movements and finding more predictable moments 22:05 Randomness across different timeframes 24:30 How to prove a discretionary trader has an edge 29:20 Trading psychology and interacting with randomness 37:10 The gaps in trading psychology and applications to trading behaviour 41:03 Adapting to uncertainty and mispricing risk 46:33 Discretionary trading edges 48:32 Algo vs discretionary trading 51:00 When to stop trading a system 53:37 Using out of sample data 55:36 Why is forex so hard compared to stocks? 58:10 Hybrid systems - combining algo and discretionary 59:35 Do you consider news events in your trading 1:02:45 How far to backtest and forward test before going live 1:07:30 Screening stocks for pullback in an uptrend 1:10:08 How to discover more from Adam 🎓🎓🎓 MORE TRADING EDUCATION & CONTENT 🎓🎓🎓 ► Better System Trader website: https://bettersystemtrader.com ► Interviews With Pro Traders: https://interviewswithprotraders.com ► Smashing False Breakouts: https://smashingfalsebreakouts.com ► Trading Market Internals: https://tradingmarketinternals.com ► DPS Trading Technique: https://dpstradingtechnique.com Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.