SimCast Ep. 16 - Kris Verma on Stats and Kelly Criteria | Tradingsim.com

The simulator can go through a 50% drawdown like nothing. But most traders, if they experience that similar drawdown, they're going to lose faith in the strategy, they're going to lose confidence in themselves, they'll have outside voices telling them, you know, to stop or to interject something. They won't continue along the path that they had

started. All right, ladies and gentlemen, welcome back to the SimCast. This is episode 16. I got my buddy Sam, aka Samwise, from the UK. He's still got that shiner from his rugby match. You're looking good. Yeah, looking good. And I've got another bearded brother with us today. Really excited about this. I've been

anticipating this interview with the one and only Chris Verma. Welcome, Chris. Oh, thanks, guys. Appreciate it. Nice, man. Yeah, and definitely looking good on that beard. I like that, bro. I like yours, John. You've got the I got the handles going. You've got some handles going. Yeah, looks nice. I like it, man.

You've got this work on yours over here. I'm trying. I'm lagging behind you two. I feel I feel ashamed. All right. Well, listen, let's jump in here with a little background info. So, you know, I I um I know a little bit about you, Chris. You're you're very active on Twitter. But for our viewers out there that may

not know you, tell us a little bit about your background. Maybe, you know, pharmacy and and and some of your science background, how you got into trading. Right, for sure. So, I was like a pharmacist for about 10 years before I transitioned into trading. And, you know, it's a bit of a unusual transition of careers, but it

all started from my first year of pharmacy classwork, where we had to take statistics and probabilities. And that's where I kind of fell in love with the numbers game, mathematics, and I was also doing a little bit of sports betting on the side. So, that kind of just fueled my hunger for that industry.