On this BST live show, Ivan from Ivanhoff Capital joins us to discuss "Short-term swing trading techniques". Here are some of the topics you'll discover in this episode: The 2 most important factors in swing trading, Why short-term trading is better than longer-term trading, Measuring market environment and detecting changes, How to find the hot sectors in the market, Shorting stocks and adapting to market corrections and downtrends, Swing trading in choppy markets, Stacking the odds in your fav...
Mar 03, 2021•42 min
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: What can go wrong with strategies in live trading, The impact of model complexity on prediction error, (and are simple models really better than more complicated ones - the answer may surprise you!), The dangers of overstated backtest performance, The impact of historic costs on backtest results, The 3 types of ...
Feb 24, 2021•1 hr 13 min
On this episode of BST Live, Doc Ahrens from Trendline Dynamics joins us to discuss "Effective techniques to identify trends", including: The Macro-trend Analyzer indicator and 3 ways to use moving averages for macro trend analysis, Why it's important to have simple trading solutions and what failures in aerospace can teach us about trading strategies, Studies that conclude technical indicators don't work, Using visual confirmation to understand indicator reaction to market scenarios, The 3 type...
Feb 16, 2021•1 hr 2 min
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: The "alarm signal" that got Stefan interested in Me...
Feb 10, 2021•1 hr 31 min
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. H...
Feb 03, 2021•1 hr 27 min
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: Why 2020 has produced 5 years of market action in 1 year, How this year ha...
Dec 16, 2020•57 min
"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), Design...
Dec 09, 2020•1 hr 8 min
"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: How to find potential edges and which markets are ...
Nov 25, 2020•1 hr 1 min
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 m...
Nov 18, 2020•1 hr 15 min
Quant Trader Alan Clement from Helix Trader discusses momentum trading & strategies, including: Why momentum trading is so popular and how it works, What makes a good trend indicator and the 4 best indicators to identify trends, Why the moving average is not a good trend indicator, How to rank stocks by momentum and how many momentum stocks to hold in a portfolio, The danger of stops and using momentum for exits instead, How dual momentum protects during Bear markets and market crashes, Filt...
Nov 11, 2020•1 hr
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: Historical returns around election days since 1924, The 2 types of prices shocks and th...
Nov 03, 2020•57 min
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 fa...
Oct 28, 2020•1 hr 16 min
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: How AI is missing common inputs used by human traders, Modeling the expertise of human traders using Expert Systems, The dangers of using computers to blindly create strategies, Retail edges vs Institutional edges and how private trad...
Oct 21, 2020•1 hr 4 min
DSP and Cycles expert John Ehlers, joins us to discuss all things optimization, including: Why optimization is a statistical process and how to assess the results properly (including what to look for at "the 50% line"), How much data you should REALLY use for reoptimization and why many traders use way too much data (and the impact it has on trading strategies), The 3 best fitness functions to use in reoptimization and the dangers of a popular metric that can lead to over trading, What the speed...
Oct 13, 2020•46 min
High-performance trading coach Steve Ward from TradeAtYourBest.com discusses: How to find the best opportunities during challenging times, Why shifting perspective is such a critical skill for high-performance, How to overcome internal resistance to become more adaptable, "Learning vs Earning" and how to improve your chances of longevity in trading, How to integrate being flexible with the "follow the system" approach of algo/systematic trading to be better prepared for whatever the market may h...
Oct 07, 2020•48 min
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 perf...
Sep 28, 2020•1 hr 6 min
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 fut...
Sep 21, 2020•56 min
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.
Sep 16, 2020•9 min
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 suit...
Sep 12, 2020•3 min
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 tha...
Jun 23, 2019•49 min
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 ...
Jun 01, 2019•36 min
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 ...
May 19, 2019•42 min
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: Patterns versus indicators, where they fit in a strategy and which works better, ...
Apr 12, 2019•38 min
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 t...
Jan 27, 2019•40 min
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 manageme...
Nov 25, 2018•43 min
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. ...
Oct 28, 2018•41 min
Joining us today as special guest is Michael Grech from Quantopolis. Mike is a quantitative trader with a background in signal processing and computer modelling, and in our chat you'll discover a number of interesting topics, including: Trading based on assumptions and building portfolios of diversified strategies, Why every trader should have some kind of volatility strategy in their portfolio and how to balance risk vs reward in volatility strategies, Mike's latest book on quantitative investi...
Sep 30, 2018•42 min
A common dream sold to traders, especially when they're starting out, is the dream of sitting back on the beach sipping cocktails while our trading systems go to work and make us money. While certain aspects of that dream are possible, for example automated trading, traders still need to do a lot of work to get to that point. We've got to research the markets, find trading edges, do testing and robustness checks, monitor strategies and systems, tweak and adjust where required... It's really not ...
Sep 17, 2018•43 min
In this episode we're going to be talking about the pits. The trading pits may be closed (or most of them are anyway) but there is a lot of history there. There are lots of stories and events that occurred in the pits over the years that we can still learn from today. On this podcast episode we have special guest Damon Pavlatos who has been extensively involved in the commodity and financial futures industry since 1978. He has held Exchange Memberships on the CME, CBOT and Mid America Exchange. ...
Sep 02, 2018•1 hr 9 min
Ever wonder how the 'other side' trades? I suppose it depends what 'trading world' you live in but in this episode we're exploring 2 different worlds - the institutional world AND the private trading world. And joining us to do that is special guest Petra Zacek. Petra started out in the institutional world and in this episode she shares some interesting stories and lessons about her time there. But now that she's a private trader she's also going to share some insights into trading her own accou...
Aug 19, 2018•43 min