#204: The Proven Trading Formula I Wish I Knew Sooner

Are you tired of complicated trading strategies that don't seem to work?

In this week's episode of the Breakout Trading Answered show, we discuss a special formula for becoming a profitable trader.

It’s called “The Proven Trading Formula I Wish I Knew Sooner” (and it’s probably not what you think)...

Here’s just a small sample of the topics we discuss on the show:

Expectancy and the importance of simplicity,
Direction and Volatility in Breakout Trading,
Trading with Volatility,
Flipping the Coin and Exit Strategies,
Random walk and why the markets are unpredictable,
The importance of fundamentals,
And much more.

Watch the replay of our latest episode:

Episode Highlights:

[00:00] Introduction

[03:21] Markets are unpredictable

[07:47] Reward profit-loss ratio versus win percentage

[12:15] Expectancy and the Importance of simplicity

[16:12] Flipping the Coin and Exit Strategies

[18:43] Trading with Volatility

[20:44] Direction and Volatility in Breakout Trading

[27:01] Simplicity in Trading

[35:02] Importance of Fundamentals

Tomas and the Systems On The Road team

Comments

What others are saying

"Tomas is one of the most creative traders I know. He is able to generate unique trading ideas and elegant solutions to system development challenges."

Andrew Swanscott, BetterSystemTrader.com

"Tomas has been a professional trader for more than a decade and I have had the privilege of monitoring his accounts in action since 2006. His systems are performing as some of the best I have ever monitored and executed. I have been in the trading industry since 2002 and worked with many developers from all over the world. Tomas is definitely the one to consider."

Martin Lembak,

Systems Trading Expert,

MFRM, CAIA

"Tomas is a professional trader, who for the last 10 years has specialized in developing trading systems. We have been tracking his trading systems for about 5 years and they generally show very robust, stable and above average performance. Striker is pleased to work with someone like him - a real professional with enthusiasm and deep knowledge of trading."

William Galwas, President Of Striker Securities, Inc

"Personal consultation with Tom helped me to re-evaluate the complexity of my robustness testing and optimization processes. Plus, it has helped me with a specific plan on how to take things forward. It has given me some great ideas on how to avoid overfitting and make my testing more robust and provided tips on low hanging fruit in terms of the best markets to trade for intraday/short-term breakouts."

Craig Peters,

semi-advanced trader,

United Kingdom

"Tom's approach to Automated Trading Strategies design, tests of robustness and portfolio diversification is really unique. He has been a professional trader for many years and the depth of his understanding of Breakout strategies and Market Internals is hard to find elsewhere."

Antonin Fisher,

Hedge Fund Manager,

Czech Republic