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Line Your Own Pockets
Dave Mabe and Michael Nauss
66 episodes
1 week ago
A weekly show for systematic traders who want to make more money from their trading strategies.
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Investing
Business
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All content for Line Your Own Pockets is the property of Dave Mabe and Michael Nauss and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
A weekly show for systematic traders who want to make more money from their trading strategies.
Show more...
Investing
Business
https://is1-ssl.mzstatic.com/image/thumb/Podcasts211/v4/f4/b0/3f/f4b03fc5-92e1-bc09-db98-81595dbd0801/mza_16210747958478259214.jpg/600x600bb.jpg
You Missed a Trade - Now What?
Line Your Own Pockets
41 minutes
1 week ago
You Missed a Trade - Now What?

You didn't get a fill on your original entry.  The trade would have been profitable for a bit, then it comes back to your original entry price.  Do you take the trade?  We go in-depth, answering this common dilemma.

  • Your default should be to take the trade if it still matches your system
  • There's more information to decide on - what can you add to your backtest?
  • What are post-entry columns, and how can they help?
  • How deep thinking about the issue can help you create brand new strategies

Here's the original article Dave wrote on this topic.


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Before you go!

If you're a trader and interested in backtesting and automating your trading strategy and don't know where to start, I want you to stop what you're doing and head on over to davemabe.com to sign up for my free backtesting email course.

I hope to see you there!

Line Your Own Pockets
A weekly show for systematic traders who want to make more money from their trading strategies.