Factor Member Monthly Webinar – Sep 22nd
Recorded live September 22, 2016
Discussion Points
- Edge - The nature of a trading scheme that provides it with the ability to carve out beta against its appropriate benchmark universe
- Classical chart patterns - in and of themselves - provide no meaningful trading edge - in fact, no trade identification mechanism provides a meaningful edge
- Win rate - in and of itself - provides no meaningful trading edge
- Factor’s Edge - Factor’s edge is attributable to four primary things
- An emotional separation from the need to be right
- Aggressive risk and trade management protocols resulting in many non-injurious losses - protecting trading capital in the SINGLE DOMINATE PRIORITY
- Identifying and committing to very selective highly asymmetrical reward-to-risk trades
- Allowing the odds to provide a few trades that work immediately and provide profits of 350 to 450 plus basis points each
- Soybean Oil - Walking through the trade
