205: “Simple strategies, stable results.” – David Stendahl
Better System Trader
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Adaptability - The Key to a Successful Trading System
A lot of people get into systems. They may buy a system, they may design their own systema but unless you ally have confidence in that system, legitimately n understanding as to why it's trading,. When the proverbial stuff hits the fan, i'm sure we can probably say something, but i won't. But if it should hit the fan, then your really going to find yourself in a position. All that confidence, that bravado, all that you really believed in, falling away very quickly when you start losing money. And so what you'll want to do is incorporate intelligence, if you will, into your systems that have the ability to adjust for the environment.
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