Better System Trader
240 episodes - English - Latest episode: 15 days ago - ★★★★★ - 256 ratingsIf you’re looking for inspiration, motivation and practical advice on improving your trading results, Better System Trader delivers every fortnight. Each episode brings you an expert trader who shares their own story, along with the steps, both good and bad, that they've taken on their path to success. With a focus on actionable insights, the tips and tricks used by the experts contain loads of value, providing you with insanely practical tips and tools you can start using TODAY. Improve your trading with Better System Trader.
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Episodes
232: The Trading Panel – Episode 9
April 11, 2024 02:21 - 57 minutes - 52.9 MBWelcome to a new trading series called "The Trading Panel," where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants in this week's panel are: Andrew Swanscott Jason Perz Pavel Kycek Mish Schneider Ian Culley 00:00 - Introduction and Guest Welcoming 01:25 - Discussion on Trading Commodities 03:42 - Analysis of Current Market Trends 06:36 - Historical Comparison of CPI Trends 10:11 - Geopo...
231: The Trading Panel – Episode 8
April 04, 2024 01:08 - 1 hour - 66.6 MBWelcome to a new trading series called "The Trading Panel," where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants in this week's panel are: Andrew Swanscott Jason Perz Pavel Kycek Tom Basso [0:02] Introduction [1:14] Guest Introduction [2:24] Discussion on Market Trends and Portfolio Management [7:13] Importance of Risk Management [10:12] Psychology and Handling Drawdowns [15:29] Lear...
230: The Trading Panel – Episode 7
March 28, 2024 03:30 - 55 minutes - 50.7 MBWelcome to a new trading series called "The Trading Panel," where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants in this week's panel are: Andrew Swanscott Jason Perz Larry Tentarelli Steven Strazza Here are a few of the topics we discussed on the panel: 1. Importance of Simplifying Trading Strategies – Simplifying strategies helps in identifying trends and making trading decisions more ...
229: The Trading Panel – Episode 6
March 21, 2024 00:52 - 1 hour - 66.3 MBWelcome to a new trading series called "The Trading Panel", where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants on this week's panel are: Andrew Swanscott Jason Perz Jeff Hirsch Jason Shapiro 00:00 Episode Introduction and Host Welcome 01:44 Discussing Historical Market Trends with Jeff 06:49 Jeff Shares Sector Insights and Trading Ideas 10:08 Where to Find Jeff and His Work 11:04 Sh...
228: The Trading Panel – Episode 5
March 14, 2024 04:48 - 1 hour - 80.3 MBWelcome to a new trading series called "The Trading Panel", where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants on this weeks panel are: Andrew Swanscott Jason Perz Moritz Seibert Pavel Kycek 0:00 Welcome and Show Introduction 1:21 Discussing Trading Panels and Expectations 2:15 Reality of Trading and Drawdowns 3:16 Introduction to Professional Trading 8:20 Focus on Commodity Trading...
227: The Trading Panel – Episode 4
March 07, 2024 01:37 - 50 minutes - 46.3 MBWelcome to a new trading series called "The Trading Panel", where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants on this weeks panel are: Andrew Swanscott Jason Perz Mish Schneider Pavel Kycek 0:00 - Opening: Welcome and Panel Introduction 1:06 - Mish's Perspective on Market Prediction 5:02 - Insights from a Floor Trader's Journey 10:38 - Discussing Price Action and Trading Psychology ...
226: The Trading Panel – Episode 3
March 02, 2024 04:39 - 1 hour - 68.5 MBWelcome to a new trading series called "The Trading Panel", where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants on this weeks panel are: Andrew Swanscott Jason Perz Richard Brennan Kevin Green Pavel Kycek 0:00 – Show Introduction and Panelist Greetings 0:49 – Panelists’ Backgrounds and Trading Philosophies 6:17 – Analyzing Economic Indicators and Their Impact on Markets 13:19 – Debun...
225: Algorithmic Crypto Trading - Pavel Kycek
February 28, 2024 00:03 - 1 hour - 60.6 MBUnlock the secrets of algorithmic crypto trading with Pavel Kycek in this entertaining and insightful episode. Whether you're a crypto newbie or a seasoned trader looking to refine your trading strategies, Pavel's insights into the volatile world of cryptocurrency and expertise in algorithmic trading will guide you through the complexities of systematic trading, risk management, and much more. Here are some of the topics you’ll discover in this discussion: How to identify what st...
224: "The Trading Panel" Episode 2
February 24, 2024 02:58 - 58 minutes - 54 MBWelcome to a new trading series called "The Trading Panel", where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants on this weeks panel are: Andrew Swanscott Jason Perz Kashyap Sriram Pavel Kycek Kevin Green Timestamps [00:00] Introduction and Overview of Trading Topics [06:37] Discussion on Personal Trading Experiences and Learning Curves [12:21] Insights into Systematic vs. Discreti...
223: "The Trading Panel" Episode 1
February 17, 2024 03:57 - 1 hour - 60.9 MBWelcome to a new trading series called "The Trading Panel", where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants on this weeks panel are: Andrew Swanscott Jason Perz Kashyap Sriram Markets & Mayhem Mike Melissinos Pavel Kycek Timestamps [00:00] Introduction to The Trading Panel [00:53] Speaker Introductions [08:23] Discussion on Trading Strategies and Market Positions [15:18] The ...
222: Surviving Uncertain Markets - Richard Brennan
February 15, 2024 02:14 - 1 hour - 79.3 MBGet ready to unlock the secrets of trading in uncertain markets with Richard Brennan and your host Andrew in this power-packed episode! Whether you're a novice or a seasoned trader, this episode is filled with invaluable insights that will help you navigate the volatile waters of the market with confidence. Key Points You'll Learn: Core principles for long-term trading success, Understanding market dynamics, The barbell approach to trend following, The benefits of using simple ...
221: Bad trades, shorting disasters and just get out!
January 31, 2024 23:52 - 48 minutes - 44.7 MBDiscover the good, the bad and the ugly of systematic trading as our guest Cesar Alvarez from Alvarez Quant Trading shares some key moments in his trading career all traders can learn from! Key Points You'll Learn: The impact of bad trades and what to do when you’re in a trade you shouldn’t be in (the answer may not be what you think!), Why the market can actually be a distraction to your trading and how watching the market LESS could be the key to improving your results, Short...
220: 3 Biggest Lessons From Tennis Pro to Trading Pro
January 16, 2024 05:38 - 50 minutes - 46.6 MBJump right into this exciting episode where Scott, a former tennis coach turned expert trader, shares his journey and tricks of the trade. With his witty anecdotes and deep insights, Scott's story isn't just about trading; it's a tale of transformation and finding success in unexpected places. Key Learning Points: Transitioning Careers: Hear how Scott switched from tennis coaching to trading and the lessons he learned. Trading Strategies: Discover Scott's approach to different tr...
219: 3 Biggest Lessons from Chart Trader to Algo Hedge Fund Manager
January 03, 2024 00:51 - 54 minutes - 50 MBIn this episode, our guest is breakout trading specialist and Hedge Fund manager Tomas “Mr Breakouts” Nesnidal. In our discussion Tomas shares the 3 biggest lessons from his start in discretionary chart trading up to breakout trading mastery, plus some interesting stories along the way (like the trading tips he learnt from a CIA agent!) Packed with practical tips, eye-opening insights and interesting stories, this is a must-listen for anyone looking to up their trading game. Tomas's story is ...
218: Trading Triumphs - Jerry Parker #3: The Dangers of Optimization
December 21, 2023 01:40 - 22 minutes - 20.8 MBWant better performance from your trading strategies? In part 3 of my chat with legendary trend-following Turtle Trader Jerry Parker we discuss optimization, how to really extract better performance from your trading, and common traps to avoid. Key discussion points: Minimizing Optimization for Maximum Effect: How over-complicating your approach can backfire, why less is often more when it comes to trading strategies and what you should do instead. The Power of Simplicity: ...
217: Trading Triumphs - Jerry Parker #2: Excessive Risk
December 19, 2023 07:49 - 18 minutes - 16.9 MBThis is part 2 of my chat with legendary trend-following Turtle Trader Jerry Parker. In this episode, Jerry unravels the complexities of trading size, risk management, and the mental fortitude required in the world of trading. From personal anecdotes to professional insights, this episode is a treasure trove for traders at any level. Key Points You'll Learn: Trading Within Limits: Understand the importance of trading size that aligns with your comfort level. Adhering to Systems: Dis...
216: Trading Triumphs - Jerry Parker #1: Fear of Executing Trades
December 18, 2023 06:13 - 21 minutes - 20 MBIn this episode, legendary trend-following Turtle Trader Jerry Parker shares his journey from the initial struggles to mastering the art of trend following. Whether you're a newbie or a veteran in trading, this discussion offers valuable insights and real-life lessons that can transform your approach to the markets. Key Points You'll Learn: Overcoming the fear of entry and the importance of executing trades. The role of systematic rules in trading success. Learning and growing from trad...
215: Trading Triumphs: Kevin Davey's Journey To Success Part 3
December 05, 2023 08:56 - 22 minutes - 20.9 MBEver wondered what it takes to design profitable trading strategies that can even win trading competitions? In Part 3 of my chat with trading champion Kevin Davey, Kevin shares his approach to winning a trading competition, and how this relates to all traders, including strategy design, overcoming setbacks, and success and luck in the trading. Here’s just a taste of the nuggets of wisdom Kevin shares in our chat: Championship Strategies: Dive into the tactics Kevin used to win ...
214: Trading Triumphs: Kevin Davey's Journey To Success Part 2
December 05, 2023 08:41 - 19 minutes - 18.3 MBStep into the gripping world of trading with Kevin Davey, a seasoned trader with a tale that'll keep you on the edge of your seat! In part 2 of my chat with Kevin, he shares his journey from relentless losses (and margin calls) to transforming his trading approach. Kevin's story is a rollercoaster of emotions and lessons. Key Points You'll Discover: The Perils of Scale Trading: Kevin's early strategy and how it led to a tough learning curve. Emotional and Financial Impact: The psychol...
213: Trading Triumphs: Kevin Davey's Journey To Success Part 1
December 04, 2023 01:35 - 27 minutes - 25.3 MBDive into the world of trading with Kevin Davey, a champion trader who turned his part-time passion into a full-time career. In this enlightening discussion, Kevin spills the beans on his journey and strategies that helped him climb the ladder of success in the trading arena. Key points you’ll discover: Transitioning from Part-time to Full-time: Kevin shares his personal journey, revealing how he smoothly transitioned from part-time trading to becoming a full-time professional. Strategie...
212: Trading Triumphs - Brent Penfold's Journey to Success
November 22, 2023 03:05 - 1 hour - 64.3 MBDive into the pivotal moments that shaped a trading veteran! Brent Penfold shares the twists and turns of his journey, from a chance encounter that launched his career to the mentorship that saved him from his own trading pitfalls. Get ready for a candid look at the successes, stumbles, and strategies that define a true market maestro. Key Points Listeners Will Learn: - How unexpected opportunities can kickstart a trading career. - The importance of mentorship in navigating the tra...
211: Trading Triumphs: The Journey to Success with Adrian Reid
November 17, 2023 04:58 - 1 hour - 71.8 MBBuckle up because we've got a special treat for your trading journey! Adrian Reid, a seasoned trader with a wealth of experience, joins us on Better System Trader, in this special "Trading Triumphs: The Journey to Success" series, to get real about what it truly takes to succeed in the market. In this discussion, we dig deep into 3 defining moments of Adrian's trading journey, to uncover what really helped him achieve success. We're unpacking the trials, triumphs, and timeless wisdom of...
How do successful traders make better decisions?
December 09, 2022 04:35 - 1 hour - 48.6 MBHow can traders make better decisions to improve their trading results? In this episode, Matt Zimberg from Optimus Futures joins me to discuss decision making, what traders do wrong and how to be a more successful trader (and person) by making better trading decisions. Here are some of the topics we discuss: The importance of decision-making in trading, Common mistakes traders make, How traders underestimate “the game of trading”, Filtering out bad trading information and ...
Using "Big Picture" Analysis to Guide Trading Decisions - Brent Penfold
November 26, 2022 00:57 - 1 hour - 43.7 MBAre you looking for unique ways to use “Big Picture” analysis to guide your trading decisions? In this episode, Brent Penfold from indextrader.com.au joins me to share some interesting (and effective) techniques he uses to determine the big picture to guide trading and investing decisions, including: Why the big picture is so important in trading, How technical analysis can fool traders, What are fractals and why they matter, Validating market reactions to specific levels, The M...
Indicators vs Price Action - Which is King?
November 14, 2022 02:05 - 56 minutes - 77.7 MBWhich is better for trading strategies - Indicators or Price Action? In this episode, Scott Welsh from scottwelshstrategies.com joins me to answer this eternal question. Here are some of the topics we discuss: Strange things that have impacted the markets this year, The value of reviewing simple strategies, Expectations traders have of trading strategies, Choosing the right trading style for a market, How to determine which markets trend the most, Old trading strategies that conti...
207: Preparing for a new trading year
December 24, 2021 04:07 - 1 hour - 129 MB3 amazing guests join us to discuss trading insights of the past year and how to prepare for a HUGE trading year ahead, including: Getting better as a strategy builder, Challenges building short index strategies, Switching between old and new strategies, Timeframes for short-term trading strategies, Scaling out in volatile sideways markets, When the next bear market will begin and the transition from Bull to Bear, Trend following over the last few months, "V" price movements i...
206: “Systematic Crypto” – Adrian Reid
November 25, 2021 01:18 - 58 minutes - 81.1 MBAdrian Reid from Enlightened Stock Trading joins us to discuss systematic crypto trading, including: Why traders should consider the crypto markets right now, The mistakes most traders make with crypto, Choosing the best exchanges, data and software for crypto trading, Why buy and old is a bad approach to crypto and what you should do instead, The types of strategies that work in the crypto markets right now, The 3 types of risk in the crypto space (and how to reduce them), How ...
205: “Simple strategies, stable results.” – David Stendahl
November 11, 2021 02:37 - 1 hour - 83.3 MBDavid Stendahl from SignalTradingGroup joins us to discuss techniques traders can use to achieve more stable results, including: Why it's good to understand a systems logic and will simple systems continue to work, How to apply adaptive logic to simple systems, Mistakes traders make using seasonals, How "seasonal depth" can identify when a market is likely to make a big move, Using environmental overlays to adjust position sizing, Using VIX to switch strategies on/off, Plus, we ...
204: “How to leverage market biases to improve strategy performance” – Lawrence Chan
October 28, 2021 08:01 - 56 minutes - 77.2 MBLawrence Chan from DayTradingBias joins us to discuss market bias and how to leverage structural bias to increase strategy performance, including: "Atomic strategies" and knowing when to NOT trade, The most toxic period to backtest a strategy, Why market behaviours are becoming so predictable, How some trading platforms are taking traders down the wrong path, Exploring biases caused by recurring events, Why traders should think in concepts first, Plus, leverage and volatility br...
203: “Going against the crowd - a contrarian approach to trading profits.” – Jason Shapiro
October 21, 2021 05:34 - 50 minutes - 69.8 MBJason Shapiro from Crowded Market Report discusses a contrarian approach to trading profits, including: Why contrarian trading makes sense, How to identify crowded trades and why price is not a good contrarian signal, What the markets really are and why traders don’t understand it, Risk management for contrarian trades, Why traders shouldn't care about being right or wrong, Plus, COT report, hedgers and speculators, fading the “experts”, trading through news events and much more. ...
202: “Buying pullbacks, avoiding bear markets” – Larry Tentarelli
October 07, 2021 09:42 - 51 minutes - 70.5 MBLarry Tentarelli from Blue Chip Daily joins us to discuss techniques to buying pullbacks and avoiding bear markets, including: Determining the trend with price action and why price action is better than indicators, Using volatility and range expansion as warning signs, Impact of the index on individual stocks, Managing trades when markets are breaking down, Reliability of moving average crosses, Clues that indicate a pullback may be turning into a bear market, Using market inter...
201: “Getting serious about part-time trading” – Kris Longmore
September 23, 2021 06:38 - 1 hour - 91.7 MBKris Longmore from RobotWealth joins us to discuss 4 key areas part-time traders need to take seriously to be successful, including: Why it’s important to understanding market participants and why they're trading, 3 common things traders do that almost guarantee they will blow up, Setting realistic expectations for retail traders, The "edge pyramid" and where retail traders should target, The “backtest cycle of doom”, why backtesting is not research, and a better approach to finding...
200: “Using market noise to improve strategies” – Martyn Tinsley
September 15, 2021 12:19 - 1 hour - 83.5 MBMartyn Tinsley from TradeLikeAMachine joins us to discuss market noise, and how to leverage noise to improve trading strategies, including: Why it's important to understand market noise, The impact of market noise on trading strategies, Using noise to filter assets and timeframes, Example of impact of market noise on Mean Reversion strategies, The best strategies to trade in noisy markets, The difference between noise and volatility, Harmonic price patterns, instantaneous noise ...
199: “Trading statistical edges in crypto” – Brian Blandin
September 07, 2021 13:53 - 59 minutes - 82.1 MBBrian Blandin from Markets Science joins us to discuss how to find and trade statistical edges in the crypto markets, including: The things traders need to be aware of before trading crypto, Common factors and repeatable patterns that move the crypto markets, Software, programming language and exchange selection, How to screen cryptocurrencies to find those worth trading, Safety of funds at unregulated brokers, Crypto market correlation to stocks and index futures, Moving from d...
198: “3 ways to improve trading models” – Curtis White
August 24, 2021 14:51 - 47 minutes - 65.4 MBCurtis White from Beyond Backtesting joins us to discuss 3 ways traders can build better trading models, including: The problem with trading models and why traders struggle to incorporate predictive factors into models, What drives the markets and using market cognition for better trading ideas, Identifying and trading different markets and datasets, Using statistical creativity in the strategy validation process, Problems with Walk Forward Optimization and the 'proven winner' solut...
197: “How to use volatility to outperform the market” – Kyle Schultz
August 10, 2021 23:56 - 54 minutes - 75.2 MBKyle Schultz from Algorithmic Futures joins us to discuss how to leverage volatility in your trading strategies to improve risk/reward and outperform the market, including: Why volatility is a key component in trading strategies, 3 main ways to apply volatility in trading strategies,\ Types of volatility filters and when to use them in the strategy development process, Using VIX term structure as a regime filter, Adapting strategies to different volatility regimes, Mean reversion ...
196: “How to avoid curve fitting using independent testing” – Jeff Swanson
August 03, 2021 11:27 - 55 minutes - 76.3 MBJeff Swanson from EasyLanguageMastery discusses how to avoid curve fitting your trading strategies using the "independent testing" technique, including: The things traders do that cause curvefitting, Is curvefitting a trading strategy really that bad? Independent testing and why you should use it when developing trading strategies, How to do independent testing of filters and using optimization to judge filter consistency, Testing combinations of filters and why you should look to r...
195: “Low-effort Trading Strategies” – Cesar Alvarez
July 27, 2021 13:08 - 54 minutes - 74.8 MBAlgorithmic trader Cesar Alvarez from Alvarez Quant Trading joins us to discuss low effort trading strategies, including: An explanation of rotational trading and the benefits/challenges of using rotational strategies, Why rotational trading is a fantastic way to diversify time (and also get to “trade lazy”), How often to rebalance and the impacts of the day you choose to rebalance, Ranking methods and some of the most effective ways to find the best candidates, How to reduce the ch...
194: “How to improve trend following performance” – David Lundgren
July 20, 2021 23:11 - 1 hour - 90.7 MBTrend following trader David Lundgren joins us to discuss how to improve trend following performance, including: The problem with momentum (and why momentum “doesn’t work”), Why momentum isn't working today, Mixing momentum with trend following for better performance, The 4 conditions that must happen for a trend to occur, Modeling regime drivers and digging deeper to understand true market health, What to do when trading strategies are struggling, And much more. Disclaimer...
193: “Innovation as a trading edge” – Dr Brett Steenbarger
July 14, 2021 04:07 - 52 minutes - 71.8 MBTrader, author and performance coach Dr Brett Steenbarger discusses how traders can get an edge by applying innovation to their trading, including: The 2 levels of improvements traders can make, Why traders resist innovation and how to address hesitation to change, How to innovate by looking at what we do well, Why NOT trading can be an innovation for traders, Impacts of lifestyle and mindset on innovation, Why you should “limit your search” when looking for edges, The 2 qualiti...
192: “Predicting profitability using machine learning” – Ernie Chan
June 15, 2021 16:01 - 54 minutes - 74.4 MBQuant trader Ernie Chan from PredictNow.ai joins us to discuss how to predict the profitability of trades using machine learning, including: Unconditional probability and the problem with win% in backtest reports, Why “conditional probability” is much more useful for a trader and how to apply conditional probabilities to capital allocation, Why you should use Machine Learning for risk management and capital allocation only (and not for building trading strategies), Why feature selecti...
191: Combining Algos using State-Based Market Design – Richard Metzger
June 09, 2021 05:37 - 1 hour - 83.2 MBRichard Metzger from Quantsys.net joins us to discuss how to combine algos using state-based market design techniques for more consistent trading performance, including: Why it's important to be sceptical of your algos, The main causes of poor algo performance and how state-based market design can address these issues, How to define market states into "buckets" and why you should keep them simple, Combining state-based algos to create a system, plus Adjusting inputs for market state...
190: Performing like a world champion even under stress and uncertainty – Mandi Pour Rafsendjani
June 02, 2021 04:21 - 1 hour - 94.7 MBMandi Pour Rafsendjani from High Performance Trading joins us to discuss tips and techniques to perform like a world champion, even under times of stress and uncertainty, including: The 2 types of fears that lead to stress in trading, Self-image and accelerating trading performance, The 3 different areas to look at when dealing with stress, "Protective Pessimism" and positive vs negative thinking, The "3M's" to check when a strategy stops working, The "Queens Gambit" strategy to p...
189: Managing multiple trading strategies – David Bean
May 26, 2021 05:25 - 1 hour - 91.3 MBDavid Bean from Capstone Trading Systems joins us to share tips and techniques to manage multiple trading strategies, including: When to start trading a strategy live (the answer may not be what you think!), Why you should learn to love “ugly equity curves”, Watching the markets for trading ideas, Identifying patterns and cycles in portfolio drawdown, Why you should consider correlation based on methodology instead of typical correlation measurements, plus Patterns vs optimization...
188: “Why trading can be so challenging (and what to do about it)” – Adam Grimes
May 12, 2021 05:23 - 1 hour - 103 MBAdam Grimes from Talon Advisors discusses why trading can be so challenging and what to do about it, including: Why it can be so hard to learn from the markets, The dangers of doing stupid things in the markets that generate a good outcome, Random price movements and finding more predictable moments, Why having success outside of the markets doesn’t guarantee you’ll be a good trader, Trading psychology and interacting with randomness, Adapting to uncertainty and mispricing risk, ...
187: “How to spot a trading scam” – Kevin Davey
May 05, 2021 04:09 - 1 hour - 98.9 MBAlgorithmic trader Kevin Davey discusses the sneaky tactics trading scammers use to trick people and how you can spot a fraud and protect yourself, including: How to check if testimonials are real, Some simple ways to tell if a trader really is trading live as they claim, How to spot fake trading strategies, Trading gurus who report unrealistic returns and flaunt fake wealth, Websites you can use to check if trading educators are scammers, Why teach if you can trade, Fake trendl...
186: “Breaking the rules for higher returns” – Scott Welsh
April 28, 2021 03:53 - 1 hour - 86.8 MBWorld Cup Trading Championship runner-up Scott Welsh joins us to discuss how "breaking the rules" and doing the opposite of "traditional" trading approaches can lead to higher returns, including: "Burning the ships" and how limiting beliefs are hurting traders, Why traders should "start from the end" and work backwards, Why it's good to see losing in your trading, The 80/20 rule and why "getting the star" beats diversification, How to achieve real-life trading that’s better than the...
185: How to avoid creating trading strategies that degrade quickly - Timothy Masters
April 12, 2021 04:35 - 1 hour - 105 MBNumerical Computing specialist and author Timothy Masters joins us (in his only ever interview) to discuss trading strategy development and validation techniques, including: Why trading strategies fall apart in live trading, How luck impacts trading strategy results and the impact of selecting the 'best' trading system, Why trades in an out of sample dataset are NOT representative of future trades, 3 ways to use Monte Carlo Permutation tests in trading strategy development to avoid ov...
184: Increasing returns using "Performance Qualifiers" – Tomas Nesnidal
March 30, 2021 08:36 - 58 minutes - 80.1 MBBreakout trading specialist and Hedge Fund manager Tomas Nesnidal joins us to discuss how to increase the returns of trading strategies using "Performance Qualifiers" while also managing risk, including: What is Dynamic Position Sizing (DPS) and how can it improve risk-adjusted returns, How Dynamic Position Sizing is different to classical position sizing (and why DPS is better), Why it’s important for traders to connect position size with what’s going on in the markets, instead of just...
183: Overcoming Broken Strategies – Marsten Parker
March 24, 2021 00:37 - 1 hour - 85.6 MBUnknown market wizard Marsten Parker joins us to share how he overcame broken strategies and adapted his trading to deliver a 20-year track record most traders would envy, including: Being featured in the “Unknown Market Wizards” book by Jack Schwager, The impacts of a 45% drawdown and how Marsten got back into trading, How to use a system stop to protect your trading account from large losses, Why it’s important to understand why a strategy works, Mean Reversion short strategies, w...