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188: “Why trading can be so challenging (and what to do about it)” – Adam Grimes
Better System Trader
How Do You Adapt to the Uncertainty in the Market?
In the last couple of years, we've had a lot of uncertainty in the market. What do you try to do to adapt to all this uncertainty happening at the moment? I think the most concrete example here is we just had yesterday the reentry of the Chinese Long March rocket. And there were people who were very concerned about getting hit with a 22 metric ton piece of space debris moving at terminal velocity. This is exactly the kind of thing where the probability of something happening is very, very small and the consequence is very serious.
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