Unknown market wizard Marsten Parker joins us to share how he overcame broken strategies and adapted his trading to deliver a 20-year track record most traders would envy, including:

• Being featured in the “Unknown Market Wizards” book by Jack Schwager,
• The impacts of a 45% drawdown and how Marsten got back into trading,
• How to use a system stop to protect your trading account from large losses,
• Why it’s important to understand why a strategy works,
• Mean Reversion short strategies, why they’re dangerous and how to mitigate some of the risk,
• How to detect and protect yourself from a strategy that’s broken,
• Uncertainty in the market and the future performance of strategies,
• Equity curve trading, market speed, diversified strategies, tracking old strategies, indicators, market regimes and much more.

 

Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.