How Scott Andrews "Made Back His Lost Fortune with Trading", episode 270 of 'Desire to Trade'.
Scott and Etienne discuss Scott's trading history, lessons learned, and tips for traders. This wide ranging 46 minute interview offers great insight and information for all traders, new and experienced.
Learn about Scott's 90/10 rule on research and trading. Find out how Scott learned that "everything works some of the time, but nothing works all the time". Discover that experts spend 10,000 hours becoming an expert.
Thanks to Etienne Crete and his team at 'Desire to Trade". You can find Etienne at https://www.desiretotrade.com/
Here is a time guide for you
00:56 - Who is Scott Andrews
12:45 - How Scott got back on track after losing a large chunk of his trading capital
17:03 - How Scott studied discover and test his algorithms strategies
23:32 - The importance of testing and gathering your data for your trading strategies
24:40 - What do you do when our strategies experience a loss beyond expectation
30:42 - How Scott would recommend starting looking at managing money
37:46 - How Scott and his fund scaled down in size during drawdowns
38:58 - What are the most important things learned managing investor capital
40:42 - Tips for Developing Traders