Listen "Improve Your Trading with Expected Values"
Episode Synopsis
Discretionary chart reading is problematic as you can't backtest it and calculate the expected value of a trade. Only trade set ups (the combination of entries, exits, and position sizes) that have positive mathematical expectation. Get a simulator and backtest your trading ideas to find the expected value. The software I spoke about in an earlier episode will do the calculations for you. Expected Value Formula E = (Ave Win)(% Win)-(Ave Loss)(% Lose) Roulette 2 Kings
More episodes of the podcast Trader Mindset
What to review to maximize your growth
24/11/2025
How you know you've made it as a trader
10/11/2025
Why traders need to experiment
20/10/2025
What traders can learn from Amanda Anisimova
12/09/2025
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.