There are a number of different aspects to trading that we really need to get a handle on to increase our odds of success. Some aspects we often put a lot of thought and analysis into, and others we may not consider so carefully or at all, which could be impacting our trading results without us even realizing.

Todays guest, Dr Howard Bandy, is here to discuss the foundations of trading, and some of these aspects we really need to consider, whether we’re just starting out or a more experienced trader.

Howard has over 50 years experience in the research and application of modelling and simulation of financial systems.

He has previously worked as a senior research analyst for a CTA firm, is a consultant to trading companies and individuals, as well as being an international speaker and publishing a number of books on quantitative trading systems.

In our chat today, you will learn:

• How to systematically choose the right markets to fit you risk profile, trading style and objectives
• The 3 characteristics a market must have to be tradable
• The difference between Impulse signals vs State signals and how they can be used to manage trades and monitor trade health
• The four parameters you need to understand to define your own risk tolerance
• Choosing the best objective function to evaluate trading strategy performance

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.

Why is it that some traders can create trading strategies that perform well in real-time trading while other strategies fall apart?

How do some traders keep their trading strategies fresh and adaptive to market conditions while other strategies just stop working altogether?

Robert Pardo, president of Pardo Capital, author of the book ‘The Evaluation and Optimization of Trading Strategies’ and creator of the ‘Walk Forward Analysis’ approach, is here to chat about creating and optimizing strategies that are robust and continue to work in the future.

In our chat today, you will learn:

• Common mistakes traders make that can cause strategies to fail in real-time trading
• The dangers of traditional optimization techniques and how they can be reduced and even overcome
• How to determine if a strategy really is robust, while keeping it fresh and adapting to 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.

Who wants a steadily rising equity curve with little or no drawdown? I'm sure most traders do, but unfortunately it doesn’t usually end up that way.

Drawdown is a big part of trading and can be one of the the biggest challenges traders face, so what techniques can we use to potentially help reduce drawdowns?

Our guest for this episode, Scott Phillips, is going to share techniques he uses to manage drawdowns in his own trading.

In our chat you will learn:

• How to quickly test a trading idea to determine if it’s worth more investigation
• Why it’s so important to understand market types, the impacts it could be having on your trading results and how you can leverage this knowledge to create strategies with enhanced performance
• How to improve your trading results through better trade management and multiple 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.