TalkingTrading

In this interview with Chris Tate, we hear what are accurate expectations of a short-term trading system and how much cash flow it can bring. Louise Bedford talks about taking responsibility for where you are in life and your trading education. Chris TateThat is the thing about trading… No one is ever going to ring you up and say:‘You have made too much money, STOP MAKING SO MUCH MONEY.’Short-term trading adds diversification and cash flow to your portfolio.However, there are realistic expectations for a short-term system.You can only get what the market will give you.You may buy the Aussie dollar for 79c but you are not going to sell it for $7.90. You can’t a have a life changing return from short-term trading. It is not designed for what a long-term system does.You need to have to have the right tool for the right job.In this interview with Chris Tate, we also talk about back-testing and how human bias can creep into the analysis, renaissance technology and Jim Simons, and the psychology of traders who make