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Better System Trader

If you’re looking for inspiration, motivation and practical advice on improving your trading results, Better System Trader delivers every week. 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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Now displaying: 2023
Dec 21, 2023

Want 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:

 

  1. 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.

  2. The Power of Simplicity: Learn why fewer rules often lead to better trading outcomes.

  3. The Role of Back Testing: Discover the benefits and limitations of this crucial and often mis-used trading tool.

  4. Diversifying Exits for Better Results: How diversifying your exit strategies can enhance your trading performance.

  5. Adapting to Market Volatility: Tips on how to stay afloat and succeed in fluctuating markets.

  6. 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.

Dec 19, 2023

This 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: Discover why sticking to systematic rules is crucial for long-term success.

  • Mental Resilience: Learn about the psychological challenges in trading and strategies to cope with stress.

  • Personalizing Risk Management: Find out how to balance risk-taking with your personal risk tolerance.

  • Learning from Mistakes: Hear about Jerry's early experiences and how they shaped his approach to trading

  • 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.

Dec 18, 2023

In 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:

  1. Overcoming the fear of entry and the importance of executing trades.

  2. The role of systematic rules in trading success.

  3. Learning and growing from trading mistakes.

  4. Adapting strategies according to market trends.

  5. Developing the right trader mindset for long-term success.

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.

Dec 5, 2023

Ever 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:

 

  1. Championship Strategies: Dive into the tactics Kevin used to win the Robbins World Cup Trading Championship.

 

  1. Crafting Robust Trading Systems: Uncover the art and science behind developing trading systems that deliver results.

 

  1. Balancing Skill and Luck: Kevin sheds light on how luck influences trading outcomes and the importance of skillful decision-making.

 

  1. Resilience in Trading: Learn how to set achievable goals and effectively recover from trading downturns.

 

  1. Essentials of Back Testing: Find out why Kevin emphasizes the power of back testing in creating trading strategies.

  2. 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.

 

Dec 5, 2023

Step 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 psychological toll of repeated losses and the importance of mental resilience in trading.

  • Transition to Algorithmic Trading: How Kevin shifted gears to a more data-driven, algorithmic approach.

  • Risk Management Insights: Kevin's take on the critical role of risk management in trading success.

  • Diversification as a Strategy: Why trading multiple strategies and markets is crucial for stability.

 

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.

Dec 4, 2023

Dive 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.

  • Strategies for Success: Uncover the effective trading strategies that Kevin employed to stay ahead of the game.

  • Overcoming Challenges: Learn about the hurdles Kevin faced in his trading career and how he overcame them.

  • The Importance of Environment: Kevin emphasizes the role of a supportive and conducive environment in a trader's success.

  • Consistency is Key: Discover how consistency played a crucial role in Kevin's trading journey, ensuring long-term success.

 

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.

 

Nov 22, 2023

Dive 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 trading landscape.

- Transitioning from discretionary to systematic trading.

- The value of backtesting and choosing the right tools for your strategy.

- Why transparency and accountability are crucial in trading.

 

Fun Fact: Brent still sometimes counts waves due to his early imprinting with Elliott Wave theory, despite now being a systematic trader.

 

Next Steps:

Ready to level up your trading game? Visit indextrader.com.au for more details on Brent's upcoming workshop and don't forget to contact Brent for a special 10% discount exclusively for Better System Trader viewers. Just mention you saw him here and get ready to transform your 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.

Nov 17, 2023

Buckle 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 trading. This isn't just an episode; it's a masterclass in perseverance and profit.

Here are 5 keys you'll unlock in this episode (plus many more!): 

  1. The Marathon Mindset: Learn why trading is a long-haul game and how keeping a level head through the wins can define your success.
  2. Diversification is Your Safety Net: Discover Adrian's strategy for using gains to spread your risk and open new doors in the trading world. 
  3. The Power of Patience: Adrian spills the beans on how waiting out a staggering 27 losing trades in a row taught him the patience of a saint—and the payoff was heavenly! 
  4. Emotional Equilibrium: Get the inside scoop on handling the mental game of uncomfortable drawdowns without losing your cool (or your shirt). 
  5. System Adoration: Why falling in love with the process, the rules, and the rigorous testing of your trading system can be the most rewarding relationship you'll ever have. 

📢 **MORE INFO** Get more details about this episode, including exclusive show notes, summary points and the transcript, at https://bettersystemtrader.com/211

Ready to accelerate your learning curve? Jump into Trader Acceleration Week with Adrian, it's free. Register now at: https://go-bst.com/taw

 

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.

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