Alan Edward
Minimalist Trader. I help simplify trading w/ 0 technicals. 10 mins a day. Less is more!
I genuinely think this is one of the most important things a trader can do.
Take 20 trades.
That’s it.
I first heard Mark Douglas talk about this in Trading in the Zone, and at the time it seemed almost too simple.
But then I realised I was judging my strategy after one trade. Sometimes after one day.
A couple of losses and I’d start questioning everything.
The problem is, an edge doesn’t play out over 3 trades.
Sometimes a good strategy starts with losses.
Sometimes a bad strategy starts with wins.
That’s why I like the idea of 20 trades.
It’s enough for the edge to start showing itself, but not so many that you’re stuck doing something that clearly isn’t working.
When I started thinking in 20-trade samples instead of individual trades, trading became a lot less emotional.
I stopped reacting to every win and loss.
I stopped feeling the need to change things every week.
And I started trusting the data a lot more than my feelings.
If you’re constantly strategy hopping, try it.
Take 20 trades exactly as planned and see what happens.
Kattints ide a szponzorált hirdetés igényléséhez.
Kategória
az iskola elérése
Weboldal
Cím
Budapest