Abubakir Abduqodirov
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Cryptopedia
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"Trend-based trading" — Michael Covel's strategy tested against crises and trends 🕯
The book reveals the trend-following method as a reliable strategy. You must respond to movements with composure.
4 important lessons from the book:
⏺ Backtesting is mandatory. The trading system must be tested on historical data. Evaluated metrics: average profit, average loss, maximum drawdown, largest win, and risk/reward ratio.
"Trend-based trading" — Michael Covel's strategy tested against crises and trends 🕯
The book reveals the trend-following method as a reliable strategy. You must respond to movements with composure.
4 important lessons from the book:
⏺ Backtesting is mandatory. The trading system must be tested on historical data. Evaluated metrics: average profit, average loss, maximum drawdown, largest win, and risk/reward ratio.
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