#157: I’M SICK OF TRADING MYTHS...

I have to confess… I’m pretty sick of trading myths like these:

“Complex optimizations lead to curve fitting.”

“Simple strategies are better than complex strategies.”

“A good trading strategy needs to have a strong ‘rationale’.”

I understand they all sound “right”.

But a lot of that has to do with our cognitive biases. Not with actual research, comparison, assessment and evidence-based conclusions.

My own research proves that the “truths” mentioned above are definitely NOT as black-and-white as they’re presented (and thus creating a “halo” effect).

In fact, some of my research and conclusions are pretty shocking and if I followed all the “truths” mentioned above, I would never get as far with my trading as I have (a hint… I’m currently negotiating a 100+ mil USD investment into our hedge fund).

So, I decided ENOUGH of myths.

I decided to bring some light into these fallacies, and show you a very different (and I believe way more PROFITABLE) angle.

In the August 2020 issue of “The Empowered Trader” club newsletter, I’m going to explore 3 of the most popular trading wisdoms to determine if they’re real or myths. We’re calling it a special “MythBusters” issue, in honor of the TV show MythBusters.

If you’re already an Empowered Trader member, look out for it in your mailbox in the next few weeks.

If you’re not an Empowered Trader member yet, you can find more details here. Sign up now, and you will get the “MythBusters” issue into your mailbox soon as well. Plus, this is the last time you can join ET club at the special “Launch Discount” price. From next month the price goes up, so lock in the super low price (for the lifetime of your membership) while you can.

And if you’d like to know more about the Empowered Trader Club in general, I created a short video explaining it further - just check it out here:

Happy trading!

Tomas

#right

Author: Tom Nesnidal (more about me
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