Tomas Nesnidal has been a full-time trader for over 11 years, specializing in automated algorithmic trading strategies.

He has experience with a number of trading styles, including option trading, spread trading, statistical arbitrage and market internals but in this episode we’re going to discuss one of his other specialties, breakout trading.

In our chat we discuss the key components of a breakout strategy and how to combine them to create profitable trading strategies. We also discuss the degradation of strategies over time, how to add new life into old strategies and why creative thinking is such an important aspect of successful trading.

In this episode we discuss

• The benefits of trading breakout strategies and what makes a good breakout strategy
• How to build profitable breakout strategies using 4 key components
• The degradation of strategies over time and how to add new life into old strategies
• Using filters to improve trading results
• Adapting strategies to market conditions
• The best timeframes and markets for breakout strategies

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.

Murray Ruggiero is the chief systems designer and market analyst at Tuttle Wealth Management, with around 200 million dollars under management.

He is one of the world’s foremost experts on the use of intermarket and trend analysis in locating and confirming developing price moves in the markets.

He is also a speaker, author and has been a contributing editor to Futures magazine since 1994, producing over 180 articles.

In this episode we discuss various aspects of system development, including optimization, curve-fitting and creating robust strategies. We also discuss why strategies must have a premise, the importance and applications of intermarket analysis, cycles and a bunch of great questions from the audience.

In this episode we discuss

• Factors to success in system development
• Why it’s important to understand the underlying premise of a system
• Techniques to reduce or avoid curve-fitting and develop robust strategies
• Why Intermarket Analysis is so important and how it can be used to create profitable trading strategies
• How to get started with intermarket analysis and common issues traders face
• Using cycles to detect market breakouts and other applications

PLUS questions from the audience on...

• How to determine if a strategy has broken down or is just in a normal state of drawdown
• The relationship between drawdown and time
• Creating robust strategies and which ones have stood the test of time
• Performance of Tuttle Wealth Management and the differences between managing money for others and trading your own money
• Exits and how to choose the correct exit for your entry method
• Effective uses of AI in trading
• Regime switching between strategies
• The future of trading

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.