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059: Reducing Drawdowns with Scott Phillips

Better System Trader

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The Markets Aren't Rigged.

The markets aren't rigged, except in the sense tat central banks didn't tell you exactly they were doing. If we look at a high lity bull market, think a twee thousand and one blow off top,. Or any of the any other commodity like he two thousand and eight bubble in oil or virtually bitcoin last year. We don't have that right now. A low volatility sideways market can be very frustrating to trade. In essence, what you want to do is trying by somewhere towards the bottom of the range and try and scalp. That would be an example of the market i just want to build a system for.

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