The reason we paper trade in our world is to make sure we understand the process and we can execute it seamlessly and mistake-free. It's not to prove whether or not the system is profitable because we could paper trade for a couple of weeks, months, or years and...
There's a slight distinction between switching off and going to cash. All of the systems should eventually go to cash if the market conditions are not suitable, just part of they don't have any more buy signals, and all of the open trades close out. So, you're in...
As you grow, there are always holes in your portfolio you can plug. There is market behaviors and scenarios that you could dream up that your portfolio may not do brilliantly well in. Thus, you could create a system to address that. There's always the benefit of...
The purpose is to make sure that the system is yours, that you understand the rules, and you know why the parameter values are chosen where they are. You've satisfied yourself that that's okay. You like the performance, all of these things. It's sort of the handoff...
Adding a system becomes too much depends on you, your routine, capacity, and various other things. For adding a new system, you must execute your current system smoothly, mistake-free, with confidence, and without stress. If you're feeling stressed and anxious about...
There are a couple of considerations. There was a horror story around 12 or 15 years ago in Australia, where a toll road was listed as a partly paid security, and buying that security came with the obligation to contribute additional capital in two extra tranches at...
As a trader, the temptation to do something is very high. But there's something to resist because the money is not made by trading, but by sitting and doing nothing. That's important because once you're in a trade, you've got to wait. It's only by waiting until you...
To pull the trigger and take your new system, certain things have to be in place. First is understanding the rules of my system completely, to be consistent with the paper trading process to know I'm doing the right thing every day, not fumbling, and not making...
Using Systems for Successful Crypto and Stock Investing with Adrian Reid - EP #19Get started trading crypto the right way and accelerate your trading results. Download The Crypto Acceleration Bundle!The Crypto Acceleration Bundle Does 3 Things:📈 Gives you the critical...
You've got to trade carefully when the system tells you to trade. When trading systematically, we follow the rules, so we're not saying, "I'm holding ETH, but now I want to hold ADA. So I convert my ETH to ADA." And, "I'm holding ADA, now I want to hold Solana so I...