If 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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Veteran trader Mish Schneider discusses her evolved trading approach, from scalping to swing trading, emphasizing market phases beyond simple bull and bear definitions. She details MarketGauge's six market phases, explaining how to identify transitions like caution, distribution, recuperation, and accumulation using 50- and 200-day moving averages, further enhanced by a proprietary momentum indicator. Mish also shares insights on integrating macroeconomic factors with technical analysis, drawing parallels to historical events like the 1970s inflation, and offers advice on managing emotions and understanding megatrends for long-term trading success.
Fabio Ruggeri from MenthorQ explains how institutional traders gain an edge by using alternative data, like options flow, to identify "hidden market reaction zones" beyond what traditional price charts reveal. He details how market makers' delta hedging activity generates these crucial levels, which are vital for managing trades and understanding market sentiment. The episode also introduces MenthorQ's tools, shares backtesting results, and previews an upcoming swing trading model, all designed to make complex data accessible to retail traders.
Laurens Bensdorp, a systematic trader managing 55 non-correlated systems, discusses his evolution from early trading failures to a disciplined algorithmic approach. He highlights the importance of aligning trading strategies with one's personality, conducting realistic backtesting to understand system weaknesses, and implementing comprehensive diversification. A key takeaway is the absolute necessity of prioritizing risk management over chasing quick profits to ensure long-term survival in the markets.
A Bloomberg study discovered MACD is the second most popular indicator after the RSI. But the MACD has BIG problems. And in this episode, Alex Spiroglou shares the solution. Here's what you'll discover: The issues with MACD and why it's often not a good indicator to use in momentum trading, The updated MACD-v indicator that overcomes all the traditional issues to give more accurate trading signals, How to use MACD-v as a regime filter, a trend filter, and improve signal accuracy to avoid false d...
The Volatility Index (VIX) is used by traders to determine when the stock market (S&P) is getting "too risky", so they can protect their trading accounts from losses. Could traders be using the VIX wrong? Is there an even better way to time the markets and reduce risk? In this episode, discover the new secrets of volatility-based trading with Rob Hanna. Rob shares his award-winning insights into using the VIX and SPX to time the market, challenging conventional wisdom and uncovering new stra...
Tom Basso is a Market Wizard with 5 decades of experience. After taking 4 years to get to break-even, he eventually transformed himself into a $600 million fund manager. In this discussion with Tom, we uncover some of the key strategies he uses to profit in almost any market, protect his account from market downturns, and all while enjoying the ride! Here's some of the key takeaways: Why traditional diversification isn't enough and how to deploy extreme diversification to grow your portfolio, To...
Jason Strimpel from PyQuantNews discusses how traders can effectively compete in modern markets by understanding the shift from discretionary to algorithmic trading. He highlights the importance of looking beyond basic chart patterns to identify genuine market inefficiencies and building robust strategies based on economic realities, rather than just data mining. The conversation also covers practical advice for newcomers, the role of Python in quant finance, and managing operational risks for sustained profitability.
Welcome 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 Steven Strazza [0:02] Welcome and Overview [0:21] Panel Introduction [9:59] Discussing Trading Strategies [11:18] Integrating Various Trading Tools [13:02] Detailed Strategy Analysis [14:36] Using Regime Filters in Trading [...
Welcome 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 Jerry Parker 0:00 Introduction to the Panel 1:18 Introduction of Jerry and the Bird 6:14 Jerry Discusses Trend Following 11:13 Emotional Aspects of Large Trades 15:01 Role of Outlier Trades in Portfolio 23:21 Diversification...
Welcome 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 - Geopolitical and Mark...
Welcome 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] Learning from Market ...
Welcome 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 effectively. ...
Welcome 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 Shifting Focus to ...
Welcome 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 and Systematic ...
Welcome 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 13:12 - Crypto ...
Welcome 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 – Debunking Market Myth...
This episode explores the intricacies of algorithmic crypto trading with Pavel Kycek, addressing common misconceptions and significant risks unique to the volatile crypto space. Pavel shares insights on building robust, diversified portfolios using simple, idea-first strategies, emphasizing the importance of proper data and rigorous backtesting to navigate market inefficiencies. He also forecasts a future with increased regulatory clarity and institutional adoption, eventually leading to reduced volatility and opportunities.
Welcome 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. Discretionary Trading [15:4...
Welcome 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 Importance of Bac...
Get 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 models in trading,...
Discover 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, Shorting disasters and ...
Jump 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 trading strategies...
Tomas Nesnidal recounts his evolution from a fatigued discretionary trader to a successful algorithmic hedge fund manager, driven by lifestyle goals and the search for efficiency. He details the development of his universal breakout trading model, emphasizing its ability to generate thousands of strategies. Nesnidal also highlights the critical lessons learned from his mentor, Mike, stressing the supreme importance of robust exit strategies and comprehensive robustness testing over intellectual rationales or entry points, ultimately advocating for a "boring" yet profitable trading approach.
In this insightful discussion, legendary trend-following Turtle Trader Jerry Parker reveals the pitfalls of over-optimization, sharing personal experiences where complex strategies backfired despite promising backtests. He advocates for simple, robust systems, emphasizing market diversification and the crucial role of exit strategies in performance. Parker highlights the importance of consistent execution and trusting market trends over manipulating systems for perceived gains, providing valuable lessons for traders aiming for long-term reliability.
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 sti...
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: Overcoming the fear of entry and the importance of executing trades. The role of systematic rules in trading success. Learning and growing from trading mista...
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: Championship Strategies: Dive into the tactics Kevin used to win the Robbins World ...
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...
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 Su...
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...
