Going from One Profitable Strategy to Two
By Dave Mabe
In this week's episode of Line Your Own Pockets, we take on a listener question from Emmett on how to go from one profitable strategy to two.
We discuss:
How most traders never get to this point and why
Different approaches for strategy two - a variation of strategy one or completely different?
It's easier to create a variation of strategy one - start going a mile deep rather than a mile wide
Why a related strategy makes sense
How much should you worry about correlation?
And much more...
-Dave
P.S. Are you in a drawdown and ready to quit? Join the other traders who reversed their drawdowns and are printing money with MabeKit.