Better System Trader

174 : How to find statistical edges to improve your trading – Scott Andrews


Listen Later

“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 best,
  • Why it’s more important to spend time watching and studying the market than actually trading it,
  • The "3 C's rule" to separate genuine signals from the noise,
  • How long can pattern edges actually last and do dead edges ever recover?
  • How to track the health of an edge using t-score,
  • Using "traditional" indicators in patterns,
  • How to deal with drawdowns (and possibly the trading quote of the year!),
  • The "Speed Bump Rule" to manage drawdowns, plus…
  • Allocating capital, edges in stocks, building pattern libraries, ensembles vs patterns, day trading edges, context, sample size, 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.

...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

32,283 Listeners

The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

226,206 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

Chat With Traders by Tessa Dao

Chat With Traders

1,984 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

ChooseFI by ChooseFI

ChooseFI

5,086 Listeners

Flirting with Models by Corey Hoffstein

Flirting with Models

225 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,189 Listeners

The Ancients by History Hit

The Ancients

3,027 Listeners

The Algorithmic Advantage by The Algorithmic Advantage

The Algorithmic Advantage

11 Listeners