Project Risk-Mitigation
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I reckon there are different ways to develop and work the playing model.
When you are in the stock market you have certain tools to test your idea or approach.
Stock traders use simulation software to test their trading model on fictive but realistic price movements that are identical to real-world data.
That way they don’t waste learning money or take unnecessary risks.
You can also find trading angles that give a long-term positive return on investment.Is the same as the exchange
And today I made a decision.
I will use some out-of-the-box proven-to-work solutions that are being offered.
And develop my own on various statistical assumptions.I like the idea of Richard’s method. I will turnaround and develop value or what I estimate and decide to have true value after some raw testing with around 500 placed trades into simulation software.
And the high light is a raw test and now is the time to fine-tune and tailor the trading approach and do another 500 placed trades into the simulation software.Want to make a point here, that creating a painting requires good basic and introduction preparation to get and good and solid final result.
So the preparation process is crucial before starting the time-consuming simulation process.First I play around with some parameters and have to solve some trading angles to get the most out of the simulation process.
I use TIME VALUE and not COMBACK VALUE but in the end both are the same thing and equally effective based on my raw test simulation that gave me a true edge.
So the part I will explore now before continuing this topic is the relay part and where to best get value if the score goes 1-2 after the U-dog has been leading by +2 goals.
I see it as a second change to an very low price and that screams risk mitigation and I love that word.Will update soon …