Coaching Session with Devin
By Dave Mabe
New MabeKit user Devin C. and I jumped on a Zoom call recently and agreed to share the session on YouTube.
A little background on Devin.
He works for Google, building out data centers.
So he doesn't have a ton of free time to trade full-time.
He started in discretionary trading and paper trading for a while.
In one of his first live trades, he lost $3k. Yikes.
Devin said about it: " I know when to get out of this trade, but for whatever reason, my body was just not pushing the button. And I'm like, 'This is not ideal. This is not long-term sustainable.'"
Instead of sweeping the loss under the rug and pretending it didn't happen, he realized he needed a plan.
Coming up with one on the fly in the middle of a trade wasn't going to cut it.
Systematic trading makes a lot of sense for Devin.
He's new to Amibroker, but has made lots of progress quickly with the AFL Generator with MabeKit.
In this session, we go over:
Some of the basic functionality of Amibroker
Setting up charts for a backtest chart review
Next steps for his trading strategy
A to-do list before the next session
-Dave
P.S. Are you ready to take your trading to the next level? Learn the right way to create your own trading strategies with MabeKit coaching. Here's what a MabeKit trader I'm coaching recently told me: "I wasn't prepared for this level of consistency in new equity highs in curves from my strategies." - Ryan