Better System Trader

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 favour,
• High conviction setups, breakouts vs dips, protecting profits, trailing stops, time stops, swing trading psychology 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.

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 overfitting, including 1 that most traders don't even realise they're doing, and how to reduce their impact on your trading models,
• Strategy robustness and letting data define complexity,
• The overfitting "levels of sin",
• Correcting for the "multiple testing problem",
• Fitting metrics, sample size, data quality, prediction error 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.

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 types of support and resistance,
• How to draw trendlines properly, why it's impossible to "understand the market", the importance of persistence in trading and loads 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.

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 Mean Reversion trading,
• How to determine if a market is good for Mean Reversion or not,
• How to reduce noise and increase the information content in trading charts,
• The danger of using a Mean which moves too fast,
• How the distribution of 2 bar combinations gives clues about potential trading edges,
• Adjusting the Mean length based on the timeframe of the chart,

Stop-loss vs take profit size, trading without a stop loss, degrees of freedom, statistical significance, sample size, entries, exits, and loads 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.

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.

Here are just some of the tips you'll discover:

• How to turn 10k into 1 million (or more) in just 2 years...,
• How unrealistic trading expectations set you up for failure,
• What is "superior" risk management and why investors are like teenage girls,
• Concavity and Convexity Oscillators for dynamic risk management,
• Position sizing with small accounts,
• Why you should let the market dictate the risk for you,
• How to judge the tradability of a strategy, plus
• Emotional capital vs financial capital and which is more critical, Risk management after long periods of underperformance, mean reversion vs trend following, the problem with pyramiding into positions and MUCH more.

To hear all about it, head on over to bettersystemtrader.com/177 now to watch along or check in with your favourite podcast app if you like to listen.

Happy trading!

Andrew.

PS. Laurent even turned the tables and asked me a question on why I do Better System Trader. Check out my response at bettersystemtrader.com/177

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.

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 has produced outsized returns for some trading styles and what could happen next,
• Understanding your strategy, how it reacts to markets and when to stop trading it,
• The future impacts of 2020 on backtesting, re-optimization and quant trading,
• What could crash an overvalues stockmarket if a global pandemic can't,
• Tail-risk hedging during volatility environments,
• The drawbacks and dangers of using indicators in trading, plus…
• The psychology of gains and losses, the information we don't see as traders, the best risk management tool you can possibly have, 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.

"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),

• Designing models for specific market classifications
• Managing trades as market classifications change,
• How to get started building multi-structured strategies,
• Matching the strategy style to the market,
• Multi-value, multi-entry strategies, and diversification,
• Adaptive money management using market classifications, plus…
• Trade frequency, trending vs mean reverting, intelligent allocation, 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.

"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.

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 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.

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,
• Filtering out false signals in indicators,
• Plus, market regimes, shorting weak stocks, position sizing, 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.