75 min listen
218: Trading Triumphs - Jerry Parker #3: The Dangers of Optimization
218: Trading Triumphs - Jerry Parker #3: The Dangers of Optimization
ratings:
Length:
22 minutes
Released:
Dec 21, 2023
Format:
Podcast episode
Description
Want better performance from your trading strategies? In part 3 of my chat with legendary trend-following Turtle Trader Jerry Parker we discuss optimization, how to really extract better performance from your trading, and common traps to avoid. Key discussion points: Minimizing Optimization for Maximum Effect: How over-complicating your approach can backfire, why less is often more when it comes to trading strategies and what you should do instead. The Power of Simplicity: Learn why fewer rules often lead to better trading outcomes. The Role of Back Testing: Discover the benefits and limitations of this crucial and often mis-used trading tool. Diversifying Exits for Better Results: How diversifying your exit strategies can enhance your trading performance. Adapting to Market Volatility: Tips on how to stay afloat and succeed in fluctuating markets. And much more. 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:
Dec 21, 2023
Format:
Podcast episode
Titles in the series (100)
014: Rande Howell discusses issues limiting trader performance, the impact of emotions, managing process not outcome and tips to improve trading performance.: Performance coach Rande Howell discusses the most common issues limiting trader performance, the impact of emotions on trading, the importance of managing process not outcome and tips on changing our physiology to improve... by Better System Trader