#106: [VIDEO] CAN RANDOMLY GENERATED STRATEGIES WORK AND MAKE MONEY?
In this day and age, you don’t need to look far to find a software that can build you loads of strategies.
With genetic algorithms and random sampling, you can really cut down your work and quickly increase your number of strategies.
And there’s nothing wrong with that.
In fact, many other industries are using this process to come up with new and relevant ideas for their own markets.
Even one of our best tools in trading, the Monte Carlo analysis, is based on random sampling.
I personally like the concept of randomness and the advantages it can bring us in our trading.
But then, you need to ask yourself a very important question…
Can randomly generated strategies actually work and make money in live trading?
Well, there’s no simple answer to that and this will be the topic of today’s video:
Here’s what you’ll discover:
What are the two main factors that will positively influence the outcome of your randomly created strategies,
How the motivation behind using this process can really affect your total number of failed strategies,
What you need to know to create a flawless “architectural model”, so you can consistently randomly generate high-quality strategies, and
My final “recipe” to achieve amazing strategies using genetic algorithms and random sampling.
So, go watch the video now and if you’re still curious about how you can create a good and sound model for random sampling, then check out the 14 Day Breakout Strategy Challenge.
We’ve got it all laid out for you there!
It’s an incredible opportunity to start generating profitable breakout strategies in under 14 days without spending more than 35 minutes a day!
Happy trading!
Tomas