A short talk (YouTube video) by Adrian Reid emphasizing that traders should build confidence in trading systems through personal testing and backtesting, rather than relying on blind faith in an instructor or external rules. The speaker advocates stabilizing trading via proper backtesting tools and techniques so traders 'know' their strategies work.
Most importantly, they don't have blind faith that that trading system works. They have their own confidence that it works because they've tested it themselves. Now, I can tell you these rules work. You should trade them. But I think that's a real disservice, because that's fine if you can have blind faith in Adrian. But I don't want you to have blind faith in me. I want you to have absolute confidence in your decisions, in your strategy and what you're doing. And so we're going to stabilize your trading with the right backtesting tools and techniques so that you know, not that you believe or you think or you hope that they work.
