The Problem With Systematic and Disciplined Trading

Adam Grimes from Talon Advisors discusses why trading can be so challenging and what to do about it, including:

• Why it can be so hard to learn from the markets,
• The dangers of doing stupid things in the markets that generate a good outcome,
• Random price movements and finding more predictable moments,
• Why having success outside of the markets doesn’t guarantee you’ll be a good trader,
• Trading psychology and interacting with randomness,
• Adapting to uncertainty and mispricing risk,
• Deliberate practise, Algo vs discretionary trading, when to stop trading a system, new events, out of sample date, how far to backtest and forward test before going live and much more.

Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.