2min snip

The AlphaMind Podcast  cover image

#14 Merritt Black discusses the harsh realities traders must embrace to help develop the consistency needed to succeed

The AlphaMind Podcast

NOTE

Prove expectancy on SIM

Trading on a demo or simulation platform before using real capital is crucial. It allows traders to demonstrate positive expectancy and edge in a simulated environment before transitioning to live trading. This approach helps in evaluating a trader's capability to manage risk effectively and trade with an edge. By starting small and gradually increasing position sizes based on consistent performance from demo to live trading, traders can build confidence and skills over time.

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