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8 Years of Brutally Honest Trading Advice In 23 Minutes
Craig Percoco· 2025-12-07 16:08
Trading Psychology & Mindset - The trading industry emphasizes identifying and addressing personal mental flaws, as traits that lead to success in other fields can be detrimental in trading [1] - The industry aims to rewire the brain to think differently from the majority to achieve profitability in the top 5-10% of market participants [1] - The trading industry highlights the importance of not focusing on money directly, but rather letting it be a result of adhering to a well-defined process [46] Strategy & Methodology - The trading industry suggests keeping trading strategies simple, focusing on a core set of variables to minimize emotional decision-making [2] - The industry recommends focusing on trading one asset, one strategy, and one timeframe to achieve mastery through repetition [3] - The trading industry advocates for backtesting strategies using historical data to determine expectancy before deploying real capital [27] Risk Management & Performance Measurement - The trading industry stresses the necessity of measuring trading results to identify flaws and make data-driven decisions for improvement [5][6] - The industry emphasizes the importance of understanding and calculating expectancy (positive expectancy) to determine the profitability of a trading model [13][14] - The trading industry advises setting a daily loss limit to protect capital and prevent emotional trading decisions [34] - The industry warns against taking profits too early, as it can negatively impact expectancy and overall profitability [42]
X @Easy
Easy· 2025-11-06 14:39
AI Trading Platform Overview - PiP World is building an AI-driven trading ecosystem, allowing users to create, train, and backtest AI agent swarms [2] - The platform aims to enable deployment of AI agents across any DEX, on any chain, using any trading model [2][3] - The platform is now live on KaitoAI [2] AI Agent Capabilities & Competition - Users can draft teams of AI traders and compete on a leaderboard [2] - The platform facilitates backtesting of AI agents to refine their capabilities [2] - AI agents can operate in a swarm-like state, aligning with an AI hedge fund approach [1] Target Audience & Potential - The platform targets both retail traders interested in exploring AI possibilities and professional traders, including quants and funds, for development and experimentation [1]
Does GF Value Actually Work? (Backtesting the Results)
GuruFocus· 2025-06-12 18:24
Valuation Metrics - GF Value is used for valuation, including price to GF Value, which is essential for back testing [1] - Back testing can be performed by ranking based on price to GF Value [1] Back Testing Analysis - Back testing functionality is supported, allowing users to add parameters [2][3] - Limiting the back testing to SP500 companies yields more sensible results [2] - A random GF Value back testing over the last three years (from 2022 to current) shows potential market outperformance [2]