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I will try to offer some advice here, but keep in my mind my words may not mean anything at all because I am on my 4th year in the trading journey and have not had more than about 4 months consistent profits and that has only been in SIM. So please keep that in mind.
I think to control fear we must be simple and practical and do the following:
1. Trade in SIM until you are consistently profitable for 1 year minimum.
If you can manual (discretionary ) trade for 1 year and you see your account grow, this will be enough skill and confidence to get rid of fear. In addition, this will give you so screen time to develop your skills on trading. Furthermore, this will allow you to write down trading ideas to eventually program into an algo to trade 100% hands free if you choose in the future.
Also, the cost of doing this 1 year exercise will only cost you $0.00 or FREE.
Can you help answer these questions from other members on NexusFi?
I'm not sure you can put an absolute number on it- but I would think most back tests would be greater then that, depending on the look back period.
I trade a shorter term system with a hold time less then 10 days, I would have a sample size of more than that across markets in about a month .........
The following user says Thank You to OccamsRazorTrader for this post: