Chasing high profits without having regard for the associated drawdowns is what sends most traders broke. In this video I examine some actual backtest results with regard for the profit vs drawdown as well as the total number of trades.
About Trading Mentor
Colin Simpson
I am Australian based and have been trading for more than 20 years.
I have been privately mentoring traders on a one-to-one basis since 2010. I trained with Chris Tate and Louise Bedford at The Trading Game, and for many years moderated a forum for them.
I have also worked with Jim Berg and Daryl Guppy, written for Your Trading Edge magazine, and been interviewed for Talking Trading podcasts.
"If I give you a tip you can trade for a day, if I teach you to trade, you can trade over your lifetime."
About the Trading Mentor
Colin Simpson
I'm Australian based and have been trading for more than 20 years.
I have been privately mentoring traders on a one-to-one basis since 2010. I trained with Chris Tate and Louise Bedford at The Trading Game, and for many years moderated a forum for them.
I have also worked with Jim Berg and Daryl Guppy, written for Your Trading Edge magazine, and been interviewed for Talking Trading podcasts.
"If I give you a tip you can trade for a day, if I teach you to trade, you can trade over your lifetime."