Earn Your Leisure

In this Market Mondays Clip, our hosts Rashad Bilal, Ian Dunlap, and Troy Millings dive into the world of trading, discussing the importance of back testing and forward testing in gaining confidence in trading strategies. Ian emphasizes the significance of forward testing, highlighting that while back testing is akin to watching film and understanding market trends, forward testing ultimately builds real confidence by putting trades into action.The conversation then turns to options trading, with Troy stressing the need to check the bid history before buying a contract. Understanding how the bid has moved in relation to stock price and setting percentage-based decline thresholds are crucial in making informed options trading decisions. Ian underscores the importance of nuanced decision-making in trading, emphasizing the need to sharpen one's skill set and be mindful of every intricate detail before entering the market.Looking ahead to the best stocks for 2024, the hosts discuss their outlook on companies