Monte Carlo Simulation In Trading

[@uiop5898]

The Excel example was very important. Thanks.

[@StatOasis]

Glad it helped

[@super266]

This guy is amazing at distilling complex topics succinctly. So glad I found his channel!

[@StatOasis]

Wow, thanks!

[@DanielButt]

@@StatOasis which method is better in the real world? Sampling or exact? i want data to know my system max drawdown

[@carmelolasso1694]

Awesome explanation about Monte Carlo Simulation! I was quite confused until I watched this video!! Thank you Ali for such a great tutorial!!!

[@StatOasis]

Thank for the kind words

[@jash9897]

Thanks Ali, great video! when you export your trades from another platform to upload as csv to SQX, do you export the trades including commissions and slippage?

[@StatOasis]

you should, but if your average trade is +4X your slippage and commission then it will not make a big difference

[@jash9897]

@@StatOasis gotcha thank you!!

[@fromzerotospyro]

very good explanation but what was the verdict in the end? Is this a good (robust) strategy to go live with or not ? And if its good what are the signs of drawdown to look out for in order to stop it when it goes live? Thank you

[@StatOasis]

The 98% metrics is what you should expect your strategy performance in the future

[@federicofebrer]

thanks

[@StatOasis]

You're welcome!

[@santiagobasso1712]

great Ali! I'll wait for the second part of this video!

[@StatOasis]

I posted it, and should be live tomorrow

[@Ethan-hp6ux]

Great getting clearence in this, Hoping for the same in SPP aswell:)

[@StatOasis]

coming soon!

[@peralser]

Excelent Video and explanation! Thanks!

[@StatOasis]

You are welcome!

[@XDosShane]

What does it mean if your main strategy's equity curve is sitting above most of the runs?

[@StatOasis]

Your strategy is the most optimistic curve and the chance to repeat in the future is extremely low

[@XDosShane]

@@StatOasis ah I see, thank you 🙏🏾

[@Yewbzee]

Cheers Ali, do you perform these on every one of your potential strategies prior to live trading? [Jabezz].

[@StatOasis]

no, use it many for capitalization

[@jgreer963]

Super informative vid, Ali - Thanks! Question: Discord link? Also possible to provide link to the Excel sheet?

[@StatOasis]

You can join my discord server through patreon: www.patreon.com/statoasis although there are many benefits to join, but the excel sheet will be available there for free

[@iameladlevi]

@@StatOasis Hi Ali! Couldn't find the excel (at least for free), can you share a link please?

[@StatOasis]

all downloads from videos, will be in the "Free Download Channel" in the discord server Go.StatOasis.com/Discord except for few big ones which are in the video description

[@clashwithsouravclashofclan704]

Is this software free or paid?

[@StatOasis]

free trial

[@55555davo]

Good vid!!

[@StatOasis]

thank you

[@agentdark64]

10:48 Does that mean there is a 1 in 5 chance roughly that it will make a loss since it's profitable from 80% confidence level?

[@StatOasis]

80% confidence level shows you the statistics that you will likely see at that level. say we have the following stats: Confidence level of 95% DD = 35% Net Profit = $50K the above means that I have a 95% chance of achieving $50K profit with 35% drawdown and 5% chance of having worse net profit and worse DD

[@1ndraNugraha]

where is the code?