Part 10/13:
- Security Priority: The presenter emphasizes security first: if moving to an unsafe environment, ETFs represent a prudent approach. But, always be aware of the tradeoff between convenience and control.
Improving Decision-Making with Advanced Tools
The discussion on trading tools highlights:
ATR Model Limitations: For very short-term trades (such as 45-minute charts), the ATR model is not designed. It’s better suited for 12-hour to 2-day frames.
Pair Trading & Derivatives: For leveraged pair trades (e.g., Tesla vs. TLAC), the presenter suggests using inverse assets and correlation models like "pair trading on steroids", achieving win ratios close to 100%.