Better System Trader

097: Optimization Myths with Jack Schwager


Listen Later

Jack Schwager needs no introduction. He's a well known expert in the industry, working for some of wall streets leading firms.

Plus he's the author of the best-selling series of 'Market Wizards' books, which I'm sure most traders on this planet have read! In this chat with Jack we discuss Optimization Myths, referencing some interesting results of a study that analyses the effectiveness of optimization... The results may not be what you expect... And could have a huge impact on the way we test and trade strategies. There are plenty of other nuggets of info too, including:

  • The relationship between the best performing past and future parameter sets,
  • Why optimization adds very little to the power of a trading strategy and where to focus instead, and
  • How to properly assess trading results to determine if it's your strategy or the market that's actually any good.

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
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

229,238 Listeners

Economist Podcasts by The Economist

Economist Podcasts

4,166 Listeners

Chat With Traders by Ian Cox and Tessa Dao

Chat With Traders

1,994 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,067 Listeners

Top Traders Unplugged by Niels Kaastrup-Larsen

Top Traders Unplugged

588 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

103 Listeners

Swing Trading the Stock Market by Ryan Mallory

Swing Trading the Stock Market

810 Listeners

Flirting with Models by Corey Hoffstein

Flirting with Models

229 Listeners

B The Trader by Alex B

B The Trader

356 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,034 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

29,248 Listeners

The Algorithmic Advantage by The Algorithmic Advantage

The Algorithmic Advantage

11 Listeners

Words of Rizdom - Trading Podcast by Riz Iqbal

Words of Rizdom - Trading Podcast

29 Listeners