How Do Traders Use Monte Carlo Simulations?

Want to use Monte Carlo simulations to evaluate your trading strategy’s robustness? Here’s what you need to know!
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⏱️Timestamps:
0:00 Introduction
0:14 Why Use Monte Carlo Simulations?
1:52 What Are Confidence Levels?
3:02 How To Use Monte Carlo Results
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Financial trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to trade the financial markets. This KZread channel is intended for educational purposes only. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this channel. The past performance of any trading system or methodology is not necessarily indicative of future results.

Пікірлер: 14

  • @TradingTact
    @TradingTact2 ай бұрын

    My recommended broker: globalprime.com/?refcode=82309 Highest rated broker on FPA! shorturl.at/efpE6

  • @joseandresruiz4360
    @joseandresruiz4360 Жыл бұрын

    One of the best explanations I've found from a finance perspective. Most other channels try to explain Montecarlo from a philosophical standpoint without much applicable concepts. This is unlike others as it clearly describes how results matter in trading.

  • @TradingTact

    @TradingTact

    Жыл бұрын

    thank you, happy to contribute.

  • @uiop5898
    @uiop5898 Жыл бұрын

    Very clear explanation. Thank you !

  • @TradingTact

    @TradingTact

    Жыл бұрын

    Happy to help!

  • @luigimarialuna648
    @luigimarialuna648 Жыл бұрын

    This is really interesting, thank you so much. keep going

  • @TradingTact

    @TradingTact

    Жыл бұрын

    thank you!

  • @peralser
    @peralser Жыл бұрын

    Thanks for sharing it. It was very useful.

  • @TradingTact

    @TradingTact

    Жыл бұрын

    thank you!

  • @scorpionilker
    @scorpionilker6 ай бұрын

    Very informative, thanks!!

  • @TradingTact

    @TradingTact

    6 ай бұрын

    welcome

  • @TradingTact
    @TradingTact Жыл бұрын

    If my content brings value to you, please consider donating $1 to support the channel: www.buymeacoffee.com/tradingtact

  • @mohammadsadeghi1636
    @mohammadsadeghi1636 Жыл бұрын

    thanks man.....continue please....

  • @TradingTact

    @TradingTact

    Жыл бұрын

    thank you!