Having a well-built trading system and trusting the data can lead to long-term success and consistency.
Adapting to evolving market conditions and updating trading criteria is crucial for staying ahead in trading.
Deep dives
Importance of Building a System
To achieve long-term success and consistency in trading, it is crucial to have a well-built trading system. Trusting the data and rigorously tracking it can provide confidence in the system's effectiveness.
Evolving with Changing Market Conditions
Market conditions are constantly evolving, and it is important for traders to adapt to these changes. The speaker shares their experience of updating their trading criteria and data analysis to stay ahead in the market.
Overcoming Challenges and Emotional Turmoil
The speaker discusses their experiences of facing challenges and emotional turmoil while trading. They highlight the importance of discipline, trust in the system, and the ability to adapt to overcome these hurdles.
Learning from Others and Building a Support System
Having a supportive trading community and learning from experienced traders can be instrumental in improving trading skills. The speaker emphasizes the benefits of trading with a partner, sharing insights, and learning from each other's experiences.
Evan Schunk has been trading since April 2018 experiencing constant changes in the market. He always knew he wanted to go into the market and was determined to figure out how to play the game others were playing. Initially, he experienced numerous losses enduring difficulties for 20 months. After discovering Tim Grittanis DVD's, he began finding his place in the market. Evan taught his brother the market after job loss during COVID. Evan officially made the switch from discretionary to systematic trading after accidentally discovering a 6 figure system which completely changed his life.