204: “How to leverage market biases to improve strategy performance” – Lawrence Chan
Lawrence Chan from DayTradingBias joins us to discuss market bias and how to leverage structural bias to increase strategy performance, including:
- "Atomic strategies" and knowing when to NOT trade,
- The most toxic period to backtest a strategy,
- Why market behaviours are becoming so predictable,
- How some trading platforms are taking traders down the wrong path,
- Exploring biases caused by recurring events,
- Why traders should think in concepts first,
- Plus, leverage and volatility breakouts, chart patterns, simple tools, knowing the behaviours of market participants, human psyche, market internals and much more.