Create Redundancy in your Trading Business
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Create Redundancy in your Trading Business
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Narrated by:
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Written by:
In this week's episode of Line Your Own Pockets, we discuss adding redundancy to your trading. Outages aren't a matter of if but when.
Topics include:
- Failures will happen eventually - plan for them ahead of time
- Broker-side, server-held exit orders (like at IBKR) make this simple
- Test your setup before you get forced to
- Revisit your setup regularly as your trading income grows over time
And much more...
As mentioned in the podcast, here's an example of an internet router that can use multiple ISPs.
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Before you go!
The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.
I hope to see you there!
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