Once you’ve got a trading strategy that’s working – even a little bit – there are lots of ways to improve it.
Most traders simply increase size in their existing trades, but that’s only one of many possible dimensions for increasing profits.
Raising your size leaves the underlying strategy unchanged (it’s working – don’t touch it!)
But you have so many options for improving the strategy itself:
- Add a rule to remove poor trades (without curve fitting)
- Find the subset of trades with the most edge and trade them bigger
- Add more trades to your system that you’re currently ignoring
One of the most overlooked approaches is the last one – adding more trades.
Think of it as scaling horizontally (adding more trades) versus scaling vertically (simply adding size).
In the next webinar on Monday, I’ll be sharing how I did this and took a modest strategy that was trading 2-4 times per day and added a LOT more trades – all while significantly increasing the average profit per trade.
Bring your questions – there were several good ones in last month’s webinar and the feedback was great.
I’m confident this one will be even better.
Don’t worry – it’s free – and it’s not some thinly veiled sales call masquerading as a webinar.
I’ll be sharing exactly what I learned during that process so you can get better, too.
I hope to see you there – if you can’t make it, register anyway to get a link for the recording.
-Dave
