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Content provided by Andrew Swanscott, Andrew Swanscott chats with professional traders Larry Williams, and Ernest Cha. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Swanscott, Andrew Swanscott chats with professional traders Larry Williams, and Ernest Cha or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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114: How to quickly identify when an edge has gone

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Manage episode 212044120 series 2391648
Content provided by Andrew Swanscott, Andrew Swanscott chats with professional traders Larry Williams, and Ernest Cha. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Swanscott, Andrew Swanscott chats with professional traders Larry Williams, and Ernest Cha or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Last week we reviewed a technique Kevin Davey shared to measure the effectiveness of entries and exits using something he calls 'the monkey test'.

This week we're going to look at entries and exits from a slightly different angle:

  • How can we measure a trading edge after we've entered a trade,
  • Is it possible to identify when that edge has disappeared so we can consider exiting the trade rather than overstaying our welcome?

In this episode we're going to review a technique that Dave Bergstrom uses to measure the decay of a trading edge.

We pick up the conversation talking about validating trading strategies for robustness, take a listen!

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.

  continue reading

242 episodes

Artwork
iconShare
 
Manage episode 212044120 series 2391648
Content provided by Andrew Swanscott, Andrew Swanscott chats with professional traders Larry Williams, and Ernest Cha. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Swanscott, Andrew Swanscott chats with professional traders Larry Williams, and Ernest Cha or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Last week we reviewed a technique Kevin Davey shared to measure the effectiveness of entries and exits using something he calls 'the monkey test'.

This week we're going to look at entries and exits from a slightly different angle:

  • How can we measure a trading edge after we've entered a trade,
  • Is it possible to identify when that edge has disappeared so we can consider exiting the trade rather than overstaying our welcome?

In this episode we're going to review a technique that Dave Bergstrom uses to measure the decay of a trading edge.

We pick up the conversation talking about validating trading strategies for robustness, take a listen!

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.

  continue reading

242 episodes

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