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Trading Masterclass: Risk Management | Market Wizard Tom Basso

The TraderLion Podcast

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What Is the Minimum Profit Factor for Any Individual Strategy?

Each of these strategies has a certain mission that it must try to deal with and as long as it's fulfilling that mission I'm going to let it keep doing what it's doing. So if you look at a chart of crypto futures right now they're going sideways and I'm trading in that case a nine-day trend following package of three different buy sell engines. And so if I look at that chart and I know what my indicators are I would say I'm probably going to lose money during that period. That doesn't mean it's broken. It means it's having a period where the market's throwing some conditions that are going to happen from time to time. During those types of

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