Mallik

Does equity curve trading actually make your strategy better? Is it just overfitting with extra steps, or something real that professional funds use every day? I had all these questions…. So I ran 25 years of backtest data. Todays article is what I found.

Fun discussion on systematic vs discretionary. Systematic is what I love, as it enables me to step back and do other things (including R&D on more systematic 😅). Discretionary can be incredibly tiring over time, but some people love it and can do better with it.

Yes, of course that's why people are drawn to it. The potential for unlimited wealth. The ones who lose their life savings aren't using risk management. That's why I always say to start with a fraction of your net worth, add on progress. I know trading is extremely hard, winning every year is extremely hard. If everyone could do it the reward wouldn't be the same. Yes. The losing periods will test you. The entire journey is a huge test of your will, desire, and resolve. I think it's similar to being a professional athelete. Very few can perform at the highest level, but many try because of the incredible rewards.

this is actual financial advice i am giving. it's not just to xet. it's to all of you do not trade. you do not have edge. you are misreading stochastic noise and using your pattern-matching brain to assign stories to it. do not trade. most retail traders underperform index funds

Trading without a stop-loss is like driving a car without brakes. Maybe you could make it around the block a few times, but if you did drive without brakes, how far do you think you could go before you crash?