Removing Bad Trades from a Strategy

11/18/24 • 30 min

A listener asks how he can remove 30% of the trades he's taking in his trading strategy that he knows are hurting his results.

Are you interested in Backtesting but don't know where to start? Learn the basics with Dave's free email course.

A listener asks how he can remove 30% of the trades he's taking in his trading strategy that he knows are hurting his results.

Are you interested in Backtesting but don't know where to start? Learn the basics with Dave's free email course.

Previous Episode

Is Limited Time For Trading - A Good Thing?

Many traders come to me with a single complaint - I wish I had more time to devote to my trading.

It takes me back to my early days when I had the same thoughts! It wasn't until several years of hindsight that I realized that having limited time for trading... is a good thing.

We discuss why that is and how you can turn limited time into a positive force for your trading.

Here's the original article we discussed in this episode: Can Limited Time for Trading Be - A Good Thing?

Are you interested in Backtesting but don't know where to start? Learn the basics with Dave's free email course.

Next Episode

Using Regime Filters in a Strategy

What is a regime filter and is it useful?

That's the question we discussed on this episode - Michael and Dave have completely different approaches.

Here are links to articles referenced in the episode:
Why I Ignore The Overall Market When I Trade
Why I Avoid Overall Market Filters in Strategies
Is The Market Really More Likely To Continue As The Gap Is Bigger?

Line Your Own Pockets - Removing Bad Trades from a Strategy

Transcript

Michael00:00:01.040

Alright, everyone. Welcome back to another episode of Line Your Own Pockets. In this episode, we're actually ask answering a viewer question in which someone got emailed in to Dave. I'll get him to explain it further, but I just wanted to say we read everything you guys are posting. You know, if you have questions, ask away. If it's a question that we think is good for the podcast, we'll bring it up. You know, the the feedback I'm getting is phenom