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050: Aaron Fifield – Zach Hurwitz Speaks with Aaron About His Development as a Trader, Pt. 2

Chat With Traders

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The Importance of Monte Carlo in Trading

Zach: I have done some basic Monte Carlo work in Python, mainly following tutorials. That's definitely something I'm going to need to learn and dig into a lot more going forward. For anyone who's wondering, I'll give a super cursory explanation of Monte Carlo. Imagine you had 100 trades, but you took them in a different order. It would dramatically affect how your net output at the very end of the 100 trades would come out to. Zach: By nature, what type of trader are you? Yes.

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