20,000 Year Old Brain VS. Trading Psychology

"you must back test the strategy not only to see that it's at least made a profit in the past but also to improve your belief so that you tackle one of those issues we have with the uncertainty in our brain and therefore you can have better trading psychology moving forward"

"we need to demo trade for between one to three months maybe even longer once we have all of our back testing complete"

"if you go out and demo trade with an actual trading plan that you've tested and optimized and you do not break from your rules and in three months you see that that made profit that's another chip away at that uncertainty and put certainty in the brain"

"the less you lose on a trade the less potential loss you have on a specific trade the less uncertain you're going to be"

"as traders the way we create good trading psychology is with belief and good risk management"

"we're not placing them with no risk management meaning no stop loss without an area we know we're getting out and without knowing exactly how much we're going to lose when we get out of that trade if we are wrong"