55 min listen
086: Why consider future market conditions?
ratings:
Length:
6 minutes
Released:
Apr 7, 2017
Format:
Podcast episode
Description
"Basing your decisions on past data is like driving down the road, looking in the rear-view mirror". For the most part, traders don't know what’s going to happen in the future and never will. In the previous podcast episode, Gary Hart explains how considering future probabilities can be beneficial, suggesting traders “base decisions on the probable future instead of the certain past.” In this episode, we explore this idea further by reviewing a dangerous trading assumption and how traders can better position themselves for future market conditions. 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.
Released:
Apr 7, 2017
Format:
Podcast episode
Titles in the series (100)
003: Cesar Alvarez on trading ideas, backtesting, stops and market timing: In our chat with Cesar Alvarez we talk about trading ideas, key concepts and pitfalls of backtesting, the impact of stops on returns, market timing, over-optimisation, drawdown and using multiple strategies in a portfolio. Topics discussed: ... by Better System Trader