In this lesson, Irek explains how you can gain trust and confidence in your new trading plan.
- Build a case study as a benchmark of your trading plan’s overall performance.
- Don't make irrational changes to your plan without proof (i.e. 3-6 months minimum trading the same plan to allow probabilities to play out + gain experience, data).
Learn how to conduct a performance review of your ‘actual live performance’, vs. your ‘trading plan’s mechanical benchmark’.
1. Backtest the previous month, quarter, 6 months... and build a performance benchmark for that period of time.
2. Review actual performance compared to the benchmark and...
In this lesson, Irek provides his insights and opinions as to when and why should you evolve your trading plan.
- Never make changes because it seems like a different style will yield better results (it won't)
- What will yield 'better' results is sticking to one trading plan that suits your sty...