Better System Trader

030: Highlights and insights from Episodes 1- 20


Listen Later

A couple of weeks ago I went back through all the guests we've had on the show so far and realised how very fortunate we've been to have so many fantastic guests on the show, sharing their knowledge and experience, some of them with more than 50 years of trading experience!

To be honest, I’d actually forgotten some of the topics we’d covered so far and going back through them was an excellent reminder of all the valuable information the guests had shared, so for Episode 30 I thought it might be a good idea to revisit some of the highlights from the earlier episodes so that those that haven’t heard them will go and listen to them, and those who have already listened may get some value out of hearing the highlights again.

I know when I went back through them it reminded me of some things that I wanted to test or investigate further, and I really found it a valuable exercise so I hope you do too.

This episode will cover some of the highlights from episodes 1 to 20; some of my favourites and some of yours.

Topics discussed
  • How to find new trading ideas every day
  • Using optimisation to understand market behaviour, not to find the optimal parameters
  • How the level of market noise can indicate the type of strategy to trade
  • Tips to creating robust models
  • Avoiding over-optimised trading strategies
  • Combining multiple conditions or strategies into an ensemble system
  • Why simple systems are better than complex ones
  • How market timing can improve strategy performance
  • The concept of conditional trading and why you need to consider market context
  • Testing the effectiveness of entry and exit rules
  • The type of strategies that should have stops and when stops don't make sense
  • Factors to consider when choosing a position sizing strategy
  • How dual momentum can produce profits and protect in a downturn
  • Trading the equity curve to protect capital
  • Why traders should focus on process and not outcome

 

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.

...more
View all episodesView all episodes
Download on the App Store

Better System TraderBy Andrew Swanscott chats with professional traders Larry Williams, Ernest Cha

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

260 ratings


More shows like Better System Trader

View all
Michael Covel's Trend Following by Michael Covel

Michael Covel's Trend Following

670 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,291 Listeners

Masters in Business by Bloomberg

Masters in Business

2,174 Listeners

Talking Trading - Expert trading tactics so you can excel in the markets. by Created by best-selling authors and traders - Louise Bedford and Chris Tate.

Talking Trading - Expert trading tactics so you can excel in the markets.

18 Listeners

Top Traders Unplugged by Niels Kaastrup-Larsen

Top Traders Unplugged

582 Listeners

We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,369 Listeners

Chat With Traders by Ian Cox and Tessa Dao

Chat With Traders

1,987 Listeners

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders by Etienne Crete

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

105 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,317 Listeners

The Jordan B. Peterson Podcast by Dr. Jordan B. Peterson

The Jordan B. Peterson Podcast

34,127 Listeners

ChooseFI by ChooseFI

ChooseFI

5,088 Listeners

Flirting with Models by Corey Hoffstein

Flirting with Models

225 Listeners

Risk of Ruin by Half Kelly Media

Risk of Ruin

231 Listeners

The Algorithmic Advantage by The Algorithmic Advantage

The Algorithmic Advantage

11 Listeners

Words of Rizdom by Riz Iqbal

Words of Rizdom

16 Listeners