On this BST live show, Rob Carver from systematicmoney.org joins us to discuss “3 ways traders kill trading strategies”. Here are just some of the topics you’ll discover in this episode:
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
On this episode of BST Live, Doc Ahrens from Trendline Dynamics joins us to discuss “Effective techniques to identify trends”, including:
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
So, the verdict is in…
Afrotechmods says:
“I think this is the most informative guest you have ever had! Thank you both.”
What am I talking about?
On this episode of BST Live, Stefan Friedrichowski from JFD Bank joined us to discuss “how to build Mean Reversion trading strategies”, and it was an absolute cracker! Even if you’re not a mean reversion trader, you have to see this one.
Here’s a small sample of the tips and insights you’ll discover:
Stop-loss vs take profit size, trading without a stop loss, degrees of freedom, statistical significance, sample size, entries, exits, and loads more.
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
Ever wondered how to turn $10k into $100k (or more) in just 2 years (or less)?
Many traders have, especially early in their careers…
But how do professional traders achieve superior returns while also protecting capital.
On this week’s episode of BST Live, Laurent Bernut from Alpha Secure Capital joined us to discuss “Superior returns from superior risk management”, and a new approach to risk management where you can put risk appetite on autopilot, protect capital and achieve superior returns.
Here are just some of the tips you’ll discover:
To hear all about it, head on over to bettersystemtrader.com/177 now to watch along or check in with your favourite podcast app if you like to listen.
Happy trading!
Andrew.
PS. Laurent even turned the tables and asked me a question on why I do Better System Trader. Check out my response at bettersystemtrader.com/177
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
With 2020 coming to a close, we’ve got a great opportunity to stop for a breather (phew!), look at some of the craziness that has happened this year, and identify how we can use those insights to improve our trading even more in the future.
On this episode of BST Live Mike Grech from Quantopolis.com joins us to discuss 2020 and how we can better deal with market uncertainty. Here are just some of the tips you’ll discover:
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
“Randomness has the greatest negative impact on single entry trading strategies.” – Brian Miller (Optimized Trading).
In this new episode of BST Live, Brian Miller from Optimized Trading joins us to discuss “3 under-utilized techniques to build dramatically better trading strategies”.
Brian shared some unique ideas for building (and improving) trading strategies. Here are just some of the tips you’ll discover:
Basic market classifications most traders use (that miss the complete picture),
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
“There are literally hundreds of statistically valid patterns in every market.” – Scott Andrews (Investiquant).
So, where are they hiding out, how can we find them and how can we determine the patterns are actually valid and not just random noise in the market?
In this new episode of BST Live, Scott Andrews from Investiquant joins us to discuss how to find statistical edges to improve your trading. Here are just some of the tips you’ll discover:
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
Is the trend REALLY your friend?
And if so, why do so many trend traders fail?
Global futures trader Brent Penfold joins us to discuss trend trading tactics, including:
• Why trend trading is so difficult for traders,
• Why traders should be careful using indicators,
• How to overcome challenging periods in trend trading,
• The surprising robustness of really old strategies,
• Why bright people struggle in the markets,
• Drawdown, risk, position-sizing, volatility cycles, data mining, and much more.
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
Quant Trader Alan Clement from Helix Trader discusses momentum trading & strategies, including:
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
With the US elections just days away, traders are thinking about how the markets may react to whatever news the elections may bring.
Will we see a big selloff, wild swings in price, and huge spikes in volatility?
Or do the markets typically deliver something else around election time?
In this episode of BST Live, Perry Kaufman from Kaufman Signals joins us to discuss how to survive market selloffs, including:
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
Ever had a strategy that looked like it was broken and wondered if you should stop trading it or not?
Strategy failure (or periods of poor performance) are just a part of trading, but how you deal with it can have a HA-YUGE impact on your overall results… so how do you detect when a strategy is failing?
How do you work out if you should stop trading it or just give it some more time?
In this episode of BST Live, trading champion Kevin Davey joins us to discuss how to detect when a strategy is failing, including:
• Why looking at a single equity curve is not giving you the full picture,
• How to determine the potential ranges of future strategy performance,
• Using Statistical Process Control to monitor trading strategies and which metrics are best,
• How Probability Cones can give traders a more informed view of strategy performance (and when a strategy could be broken),
• What do to when a strategy over-performs (the answer may not be what you think!),
• Should you turn a strategy back on if it recovers after extremely poor performance,
• How a really good backtest can actually be a predictor of bad performance,
• Plus, much more!
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
Are our roles as traders coming to an end soon?
Is AI and ML (that’s Machine Learning, not Money Laundering or Meat Loaf…) going to take over the trading world?
Trading veteran Bob Pardo from Pardo Capital joins us to discuss these topics plus much more, including:
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
DSP and Cycles expert John Ehlers, joins us to discuss all things optimization, including:
Also, if you want to discover more of John’s Cycles and DSP techniques, John is running his annual workshop for the very last time this year (he’s retiring to go fishing and build model aeroplanes). The workshop is run over 4 evenings (US time – Oct 19-23) and it’s 100% online so no travel or quarantine required. For more info, visit: http://bettersystemtrader.com/jeworkshop2020
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
High-performance trading coach Steve Ward from TradeAtYourBest.com discusses:
And if you want even more practical tips on high-performance trading, you should check this one out:
For the first time ever, Steve is running the 6-week "Trade At Your Best Trading Psychology Course" to teach private traders (he usually only works with institutional clients) the mindset and mental skills required to succeed in the markets, and close the gap between potential and actual returns.
So, if you want to see what knowledge, insights, and techniques Steve reveals to his Insto clients behind closed doors, this could be your only chance. (Have to admit I’m intrigued too…)
The program starts next week, you can find more details about the program at http://bettersystemtrader.com/taybcourse
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
Nick Radge from TheChartist.com.au discusses how to achieve consistent equity growth using multiple layers of diversification.
For more details about The Empowered Trader monthly newsletter, visit http://theempoweredtrader.com
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
Cesar Alvarez from AlvarezQuantTrading.com discusses effective Market Regime techniques to improve strategy performance and reduce risk by only trading in the best market conditions.
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
Details about what's next for BST and the special event being hosted this weekend.
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
As I'm sure you've realised, I've taken a break from podcasting for the last year or so.
I've been focusing on some other trading projects so I haven't released any new episodes for quite a while, but over that time I've received a lot of messages from traders hungry for more podcast episodes.
Has Better System Trader finished? Is it coming back?
I have some interesting news to share - take a listen.
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
This podcast episode made me think back to the very first computer I bought in my high school days.
We’re talking about the mid-1980, when computers were still relatively new.
Actually, my first computer was a commodore 64 (how good were they!), which my parents bought me, but the first computer I actually bought myself was a pretty serious computer at the time. It cost about 3 or 4 thousand dollars, which back then was quite a bit of money. And this computer only had a fraction of the power that we have in our mobile phones these days, but back then it was one of the fastest you could get.
Anyway, this computer had a special switch on the front of the case, it was called the 'Turbo' switch. I’m not exactly sure how it worked, but when some programs were running slow, I could flick the turbo switch on and it would accelerate the performance of the computer.
And I was thinking, wouldn’t it be great if we could have a ‘Turbo’ switch for trading, where we could just flick the switch and instantly boost our performance?
Wouldn’t that be awesome?
Well, I don’t think such a switch exists unfortunately, but there are definitely things we can do to accelerate our performance, and that’s exactly what we’re discussing today with our special guest and leading performance coach Steve Ward.
Steve has over 25 years of teaching, coaching and training experience.
He works with traders, fund managers and banking professionals across the globe, helping them to improve their decision making, risk taking and ability to achieve and sustain high performance.
Steve’s work is focused on delivering evidence-based practical strategies and tactics, and in this podcast episode we discuss a number of performance accelerators in trading.
Here’s some of the things you’ll discover:
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
In this podcast episode we’re going to be talking about something incredibly fundamental to traders.
It’s something we have to do all the time as traders, and it can have such a huge impact on our trading performance. In fact, it doesn’t just impact trading, it can impact ALL aspects of our lives.
So, what is it? Any ideas?
It’s decision making.
Now I don’t need to explain the importance of decision making, it’s pretty obvious… I’m sure we’ve all made good and bad decisions over time and had to live with the consequences, but as traders, what can we do to improve our decision making?
Well, in this podcast episode we’re joined by special guest Agustin Lebron.
Agustin began his career as a trader and researcher at one of the worlds largest market-making firms - Jane Street Capital. Over the years he has traded many different kinds of securities and has created, developed and implemented successful trading strategies.
In my chat with Agustin you'll discover:
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
Glad you could join us today for a discussion on what is probably one of the most popular topics in trading, and that is entries and exits.
Traders love talking about entries, but the truth is, when you dig deeper and test them out, you might just discover lots of entry and exits techniques either don’t actually work very well at all or don’t work as well as expected.
So, how do traders know what makes a good entry or exit?
How do we go about building effective entries and exits for our trading strategies?
Well, in this podcast episode we dig deeper into entries and exits with special guest Kevin Davey.
Kevin has just released a book on entries and exits, so we’re going to dig into that a little and discuss a number of other aspects of entries and exits too, including:
Let’s get started with my chat with Kevin on entries and exits.
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
Our special guest for this episode has done some really interesting work into strategies that manage trading strategies based on their current performance.
This can have a huge impact on performance results, but what does it actually mean, how does it work and how can we do it?
Well, David Bean from Capstone Trading Systems is joining us to explain exactly that, plus he’s going to share a whole lot more, including:
So, enough of the delays, lets jump right into my chat with David Bean.
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
I just want to start by saying happy new year! I know it was a few weeks back, but I hope you’ve had a good start to the year and I wish you all the best for 2019.
Now I’m really excited to be sharing this episode with you for a number of reasons.
I think it’s very timely considering this is the time of the year where we make new years resolutions. We reflect on where we are and what we want achieve. Perhaps we’ve set some goals and started achieving some of those, or maybe even broken some of them already.
In this episode we’re going to be talking about what it takes to be the best, or perhaps I should say YOUR best.
We’re going to be talking about high performance trading, what it takes to have a successful trading career over the long term.
And joining us for this chat is one of the best, Linda Raschke.
As I’m sure you know, Linda has experienced a very high level of trading success throughout her career. There aren’t too many traders around who can say they’ve had the level of performance, success and longevity that Linda has had, so she’s really an excellent person to discuss this with us today.
She’s going to share some stories with us, and some valuable trading wisdom which I’m sure you’ll find valuable, so let’s jump straight into my chat with Linda, hope you enjoy it!
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
With so much focus often on the actual trading strategies or investments, portfolio construction can sometimes become an afterthought… or not even considered.
However, as we’re going to hear about today, portfolio construction and optimization has the potential for huge increases in wealth...
But there are a number of aspects we need to carefully consider if we want to maximise the potential of portfolios.
Joining us today as our special guest is Adam Butler, CIO from quantitative asset management company Resolve Asset Management.
Adam has published some interesting research on portfolio construction and optimization, and he’s even provided a portfolio optimization framework that can guide investors and traders towards the appropriate optimization method.
In my discussion with Adam today, you’re going to discover:
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
With recent market stock market actions, talk again is turning to whether this is just another correction.
Will the bull market resume or are we in the beginning stages of a bear market?
In this episode we have a timely look at the market with Troy Bombardia from investment research firm Fundamental Capital and the website BullMarkets.co.
Troy has been working in his family’s hedge fund for 10 years now, and applies a unique mix of Fundamentals, Technicals, and Statistics to his trading models.
In my discussion with Troy today, you’re going to discover:
Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.