My #1 takeaway: a strategy doesn't need to be perfect, just needs to be productive. Don't get hung up on perfecting a single strategy, that will drive you bonkers. Just make it good enough, accept some flaws and move on to the next one.
apologies for the poor audio, will get that fixed for the next one! NOTE: Some of the audio in the video recording was distorted, if it’s too distracting try the clean audio version at the top of the page at bettersystemtrader.com/196, it’s much better!
_"Traders get too hung up on making the perfect looking backtest but the reality is a backtest is nothing more than a rough estimate. It's not reality."_ - Jeff Swanson
What was your #1 takeaway from my chat with Jeff? Let me know in the comments below.
My #1 takeaway: a strategy doesn't need to be perfect, just needs to be productive. Don't get hung up on perfecting a single strategy, that will drive you bonkers. Just make it good enough, accept some flaws and move on to the next one.
@@davidmuldowney1 - good takeaway, thanks for sharing
Andrew, YOU and Jeff, are the most generous at sharing knowledge on your websites!
cheers @Hugh
Thanks Hugh!
apologies for the poor audio, will get that fixed for the next one!
NOTE: Some of the audio in the video recording was distorted, if it’s too distracting try the clean audio version at the top of the page at bettersystemtrader.com/196, it’s much better!
_"Traders get too hung up on making the perfect looking backtest but the reality is a backtest is nothing more than a rough estimate. It's not reality."_ - Jeff Swanson
Totally agree that all Algo trading is curve fitting but the danger is with over fitting
thanks for the comment A1
Hi Andrew. Can you please bring Keith MC Cullough from Hedgeye on for an Interview. Would love to hear an interview with him from you
hi @stefan, thanks for the suggestion, will look into it
There are no "perfect" systems, but there are surely "better than" stuff out there.
Nnfx is market data torture 🤧