072: Rob, @DiscoveryTrader – Why Risk Management is King, and Why Gambling Isn't Such a Dirty Word
Chat With Traders
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The Nature of a Strategy That Failed
In any strategy, it doesn't matter whether it's a short term quantitative strategy or otherwise. The intersection of a lot of moving parts is where the edge come from and it's never exclusively the entry. In most cases in our experience, the entry has very little to do with success. You can be very, very successful winning 50% of the time. But you have to know, you have to understand the strategy, understand it from a more visceral standpoint.
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