Info

Better System Trader

If you’re looking for inspiration, motivation and practical advice on improving your trading results, Better System Trader delivers every week. Each episode brings you an expert trader who shares their own story, along with the steps, both good and bad, that they’ve taken on their path to success. With a focus on actionable insights, the tips and tricks used by the experts contain loads of value, providing you with insanely practical tips and tools you can start using TODAY. Improve your trading with Better System Trader.
RSS Feed Subscribe in Apple Podcasts
Better System Trader
2019
June
May
April
January


2018
November
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
August
July
June
May
April
March
February
January


2015
December
November
October
September
August
July
June
May
April


All Episodes
Archives
Now displaying: Page 1
Aug 11, 2017

Today, we’re going to have a quick chat about the effectiveness of entries, and a simple technique you can use to determine how good an entry or exit really is.

I’ve been working on some breakout strategies lately and I’ve noticed in some of them that the entry really isn’t that important at all…

That is, I can be pretty loose with the entry values and get similar results…

So there are other components to the strategy that are actually driving the performance.

Now, this got me thinking about measuring the effectiveness of entries and exits, so today I want to share a technique that Kevin Davey calls the “monkey test”.

And no, you don’t need actual monkeys for this!

Let’s hear how Kevin uses the monkey test to check how good his entries and exits really are.

0 Comments
Adding comments is not available at this time.