Dave's article on partial profits: Should You EVER Take Partial Profits?
Dave's Strategy Corner monthly column at TASC Magazine
Social Desirability Bias - why bad ideas get traction
Best Loser Wins - book recommendation from Michael

Several months ago, Dave decided to leave Trade-Ideas to focus on trading and coaching.

Dave discusses why he left, making big decisions, and focusing on trading.

Dave discussed a mistake one of his coaching clients made, how he responded to it, and the changes to his trading process as a result of it.

We discuss the critical pieces of your coding workflow that most traders overlook as well as a novel use of Trade-Ideas and Amibroker to create a very efficient trading workflow.

Books mentioned:
Give and Take by Adam Grant
Never Eat Alone by Keith Ferrazzi
The Art of Gathering by Priya Parker

Links mentioned in this episode:

• Brett's drawdown in the 80's: After a Devastating Loss
• Brett's Traderfeed Blog: https://traderfeed.blogspot.com/

Brett's Books:

• The Psychology of Trading
• Enhancing Trader Performance
• The Daily Trading Coach
• Trading Psychology 2.0
• (Coming soon!) Positive Trading Psychology (title tentative)

There are big changes on the trading horizon as 24-hour trading is becoming more and more a reality.  We discuss how this will affect the markets, what cues we'll be looking for to capitalize on it, and just how important these changes really are.

In a follow-up to last week's interview with Marsten Parker, Dave and Michael discuss the key to being successful for a long period: adapting.

Whether successful traders realize it or not, they'll eventually have to completely reinvent what they do to stay relevant.

Annie Duke's book Quit: The Power of Knowing When To Walk Away.

We talk with Marsten Parker who was highlighted in Jack Schwager's Market Wizard book series and the creator of the RealTest backtesting software.

We discuss the process of creating trading strategies, adapting them over time, and completely reinventing yourself as a trader.

Links:
RealTest Backtesting Software
Unknown Market Wizards by Jack Schwager
Dave's Free Email Course on Backtesting

How many monitors should you have?  What chart platform should you use?

"A lot of indicators on a chart is a sign of mediocrity." -- Dave

Software mentioned:
Interactive Brokers
Amibroker
eSignal

Free email course on backtesting

Trade-Ideas OddsMaker
Amibroker
RealTest
QuantConnect

Michael's RealTest Coding Helper: https://chatgpt.com/g/g-5AvG9XdDY-realtest-coding-helper