Design and compare trading system: Scalpers, Retracers and Trend
In this video I explain three different types of trading systems: Trend followers, Scalpers and Retracers. I explain concepts such as Risk:Reward, bet expectancy, position sizing and how to compare them.
This is the first of a two part video on designing trading systems. In the second part, I will apply these concepts to some TA strategies such as 200-DMA, MA reversals, breakout, supply & demand, amongst other systems. I will then explain how you can tune and optimise the strategy to maximise these parameters to make the system more profitable.
This is the first of a two part video on designing trading systems. In the second part, I will apply these concepts to some TA strategies such as 200-DMA, MA reversals, breakout, supply & demand, amongst other systems. I will then explain how you can tune and optimise the strategy to maximise these parameters to make the system more profitable.