002: Brent Penfold discusses trading principles, money management, risk of ruin and how to overcome greed, hope and fear in trading
Better System Trader
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Trading Equilibrium - Is There a Perfect Strategy Stop?
Trading equinomet momentum is all about insuring that we are we continue to monitor, even thogh wet wer trading it. We want to monitor the equaty curve of that particular strategy that we trade. And we need to use tools that can give us a pretty good head's up that this is a time to stop taking the signals of that strategy. People may like to use, as a simple 50 trade, or a hundred trade, a moving average of the equity curve. But if the equity curve dips below the moving average, then that would suggest to them they should not o the signals until the equity curve can pop back up above the moving average of the
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