Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated:
1
00:02:26,003 --> 00:02:29,163
take too many trades each week
you can do a week of data per
2
00:00:09,983 --> 00:00:14,023
routine. Like most things,
testing should be done
3
00:02:08,043 --> 00:02:11,963
test a day of price action next
day you can do the next day and
4
00:00:41,823 --> 00:00:44,263
when you think about trading,
there is not a lot that goes
5
00:00:44,263 --> 00:00:47,343
into executing and managing
setups. It doesn't take a lot
6
00:03:28,823 --> 00:03:31,743
doing that and not so much time
on managing and executing
7
00:02:04,543 --> 00:02:08,043
through this. So I would
recommend in one session back
8
00:00:47,343 --> 00:00:50,023
of time which leaves us with
time to work on other more
9
00:01:09,683 --> 00:01:13,243
hopefully more but three at the
very minimum. This sounds like
10
00:00:28,183 --> 00:00:30,983
reviews, it's important that we
test very often but it's also
11
00:01:53,343 --> 00:01:55,943
example and you trade very low
time frames, one minute time
12
00:02:20,763 --> 00:02:23,363
lot of the time you are you
know waiting for trades and you
13
00:02:23,363 --> 00:02:26,003
take a pure quality over
quantity stance where you don't
14
00:02:46,443 --> 00:02:49,883
of these and get them into your
back testing area for future
15
00:01:42,103 --> 00:01:45,023
you can do one hour a day or
one hour three times a week
16
00:00:50,023 --> 00:00:54,063
important things like testing
and journaling. So, if you can
17
00:02:00,263 --> 00:02:02,263
going to be a lot of trades
there. You want to make sure
18
00:01:49,583 --> 00:01:53,343
week of back testing data. So
if you're a day trader for
19
00:00:20,063 --> 00:00:22,943
do that is turn it into a
routine and give it a place in
20
00:00:14,023 --> 00:00:17,423
regularly and so should the
performance reviews. If you
21
00:03:40,063 --> 00:03:44,743
no issues fitting in a few
sessions a week at least.
22
00:03:22,583 --> 00:03:26,063
that what you're doing is a
winning strategy. Treat back
23
00:03:33,863 --> 00:03:37,263
all. You have no excuse on the
time front. Trading leaves a
24
00:03:13,963 --> 00:03:16,683
Make sure you get it put into a
schedule and work on it
25
00:02:39,163 --> 00:02:42,603
future other weeks you'll take
one trade two trades 3 trades
26
00:01:58,423 --> 00:02:00,263
want to do a week of price
action because there's probably
27
00:03:16,683 --> 00:03:20,203
whenever you can. As I've said
before, it's a very important
28
00:03:31,743 --> 00:03:33,863
trades because it doesn't
actually take that much time at
29
00:02:54,963 --> 00:02:57,403
testing. Sometimes you might
get carried away and enjoy it
30
00:03:03,443 --> 00:03:07,203
session and in that hour you
can back test a day or a week
31
00:02:02,263 --> 00:02:04,543
you are focused and you are in
depth. You don't want to rush
32
00:00:59,563 --> 00:01:03,083
beneficial for your trading
journey. If it really is not
33
00:02:57,403 --> 00:03:00,083
and do more. Sometimes you may
not have the time to do an hour
34
00:03:26,063 --> 00:03:28,823
testing as if it is live
trading and spend a lot of time
35
00:02:29,163 --> 00:02:31,883
back testing session some weeks
you may never find a trade
36
00:03:37,263 --> 00:03:40,063
lot of time open to work behind
the scenes so you should have
37
00:03:10,723 --> 00:03:13,963
testing effectively,
efficiently and repetitively.
38
00:02:49,883 --> 00:02:54,963
review so I would Allot 1 hour
per session for your back
39
00:01:55,943 --> 00:01:58,423
frames, 2 minute, 3 minute, 5
minute time frames, you don't
40
00:03:20,203 --> 00:03:22,583
part of trading builds the
confidence and it shows you
41
00:03:00,083 --> 00:03:03,443
but an hour is the good average
to spend back testing in each
42
00:02:11,963 --> 00:02:14,443
so on and so on and so on till
you have a week and then you
43
00:02:42,603 --> 00:02:46,443
and you can actually do markups
and live back testing for all
44
00:03:07,203 --> 00:03:10,723
of price action. Conclude this
episode if you want to start
45
00:01:25,683 --> 00:01:29,983
it doesn't take a lot of time
to implement a winning strategy
46
00:02:34,603 --> 00:02:37,043
maybe have a look at some
markups and see there probably
47
00:01:29,983 --> 00:01:33,383
The time goes into making sure
that the strategy you're using
48
00:02:37,043 --> 00:02:39,163
is trades in there somewhere
which you can learn from in the
49
00:02:31,883 --> 00:02:34,603
that's good you can make notes
of that and actually you know
50
00:01:13,243 --> 00:01:16,323
a lot of work but as I just
said, you have a lot of time.
51
00:00:54,063 --> 00:00:56,263
test every single day and if
you can give yourself the
52
00:01:22,723 --> 00:01:25,683
journaling and not so much time
actually on the charts because
53
00:01:45,023 --> 00:01:49,583
four times a week. You should
try to fit in one day or one
54
00:02:14,443 --> 00:02:18,323
can review a week worth of
price action Now on the flip
55
00:02:18,323 --> 00:02:20,763
side if you're like me and you
do take some day trades but a
56
00:01:33,383 --> 00:01:39,463
is a winning strategy. So
within one back testing session
57
00:01:16,323 --> 00:01:19,323
If you are looking to trade
full time, you should open the
58
00:01:19,323 --> 00:01:22,723
doors to spend a lot of time
doing testing and reviewing and
59
00:01:03,083 --> 00:01:06,563
possible to test everyday, try
to test every second day, okay?
60
00:01:39,463 --> 00:01:42,103
which is most likely going to
be around one hour long. So if
61
00:00:56,263 --> 00:00:59,563
discipline to test every single
day, that is going to be very
62
00:01:06,563 --> 00:01:09,683
You want to be ideally testing
at least three times a week,
63
00:00:17,423 --> 00:00:20,063
want to successfully implement
testing, the best way you can
64
00:00:33,863 --> 00:00:38,863
essentially redundant. If you
can, the best time to test is
65
00:00:30,983 --> 00:00:33,863
important that we keep up with
the reviews or the testing is
66
00:00:38,863 --> 00:00:41,823
every single day. Now, this
sounds like a lot of work but
67
00:00:00,000 --> 00:00:03,423
So I've showed you how to test,
I've showed you how to track,
68
00:00:06,703 --> 00:00:09,983
testing work. Now it's time to
talk about testing as a
69
00:00:22,943 --> 00:00:28,183
your daily schedule. This goes
for both the tests and the
70
00:00:03,423 --> 00:00:06,703
and I've showed you how to best
get results from your back
6572
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.