AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Can This Work on Choosing Individual Stocks?
There's two ways you can look at it. If your approach is kind of systematic to a degree that it can be back tested and there's actually quite a few off the shelf services people can use to back test different strategies. Then yes, you can kind of use that to size the trades. But if you take what you call kind of a discretionary approach, then you might need some history of live traits, right, and then log them. And sort of see, hey, I use a certain amount of capital per trade and I usually able to make X dollars and for every dollar risk.