How To Get Confident in Your Trading Edge

Trading is easy if you don't trade with meaningful size.

It's much harder to trade when you start increasing your position size to make serious profits.

And the hardest part is trading through drawdowns.

If you aren't able to do that, then there's a ceiling on how much P&L your trading can generate.

Of course, drawdowns suck. Bad.

If you're in a drawdown, doing all this work, and still losing money, why on earth would you keep trading through it?

The only way to do it is to have confidence in your strategy.

Confidence that there's a strong edge that will continue into the future.

Where does that type of confidence come from?

There are only two sources:

A lot of traders consider backtesting too hard, but when you think about it this way, it's the cheat code.

It's the shortcut to confidence.

Now imagine that every time you took a trade, you had a mountain of evidence supporting your reason for the trade.

What if you never took a trade without overwhelming evidence that you have an edge?

How much better would your results be?

-Dave

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