Line Your Own Pockets

By Dave Mabe and Michael NaussBusiness Investing

Line Your Own Pockets episodes

March 30Using AI Agents for Strategies Part 3
In this week's episode of Line Your Own Pockets, we continue the discussion of using AI agents for strategy creation gruntwork.
Topics discussed:
Delegation skills are important - the more specific, the better
How Dave's approach differs from Michael's regarding Claude use
How to implement "unit tests" for your trading strategy
Developers always want to build - here's why you shouldn't
Starting points for developers
Much more...
I think this was the best one yet on AI.
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Before you go!
The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.
I hope to see you there!
50 min
March 23Using AI Agents for Trading Strategies Part 2
We continue last week's discussion on using Claude and OpenClaw to automate strategy creation.
We touch on:
How to get AI to do the grunt work so you can be the CEO of your trading
Why Michael switched from OpenClaw to Claude Code
Teaching Claude to automate Amibroker (hint: point it here)
How giving Claude Prop Firm constraints helped focus its work
Auditing its work is critically important - the more you understand, the better
Much more, including the next steps of using the Cruncher in this process...
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Before you go!
The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.
I hope to see you there!
42 min
March 16Using AI Agents to Backtest Strategy Ideas
In this week's episode of Line Your Own Pockets, we discuss Michael's project for having OpenClaw create and run backtests from his list of research ideas for trading strategies.
His agents have created over 200 backtests
How they've primed the backtests to be used in the Strategy Cruncher
SOPs (Standard Operating Procedures) have paved the way for this workflow
AI as a research assistant/intern for your trading business
And much more...
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Before you go!
The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.
I hope to see you there!
35 min
March 09Strategies for Small Accounts
We cover:
Making mistakes early when they're relatively cheap
Focus on scaling wide versus scaling up
Learn R-multiples - it normalizes your performance as your account grows
Become the best in the world at a very specific strategy (it's not as hard as you think!)
And much more...
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Before you go!
The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.
I hope to see you there!
41 min
March 02How to Trade with a Small Account
In this week's episode of Line Your Own Pockets, we discuss trading with a small account.
Topics discussed:
Don't wait until you have "enough" money to start learning
How trading with a small account is an advantage
Funding options: an overview of the prop trading landscape
No matter how big your account is, your trading strategy is paramount - focus on that
Lessons learned at this stage will be valuable to your trading forever
And much more... including my rant about a trading mistake I made just before we recorded this.
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Before you go!
The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.
I hope to see you there!
46 min
February 23Curve Fitting is Easy to Avoid
If you've ever wondered if you're curve fitting with your trading strategy, this episode is for you.
We discuss:
Curve fitting is a continuum, not a binary yes/no condition
Every strategy has a little bit of curve fitting
Let's say you wanted to maximize curve fitting. What would you do?
Easy ways to avoid curve fitting
And much more...
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Before you go!
The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.
I hope to see you there!
36 min
February 16How to Grow Your Column Library
Michael and I discuss how to think about improving your column library over time.
We discuss:
How your column library is like a shared software library: build once, reuse everywhere
Continuous variables are better than binary variables (e.g. Above/below a moving average)
The MACDV case study - MACD normalized by ATR
How intra-trade columns allow testing multiple concepts with a single backtest
And much more...

Here's a link to the previous episode mentioned: The Key to Backtesting - Your Library of Columns
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Before you go!
The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.
I hope to see you there!
48 min
February 09Qualities that Predict a Profitable Trader
Topics discussed:
Profitable traders don't follow the crowd - or any particular trading guru
Healthy attitude towards trading and risk
Making great trades is the goal - ironically, the money is almost secondary
Day trading is key (don't believe me? Just do the math)
Automation is a massive trading edge
Much more...
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Before you go!
The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.
I hope to see you there!
47 min
February 02Should You Use Python for Backtesting?
We discuss:
Python is a great general-purpose language, but that's what makes it a bad choice for backtesting
Iterating on your strategies is the critical piece - anything that makes that more complex will make things more difficult
In a world of LLMs, the argument for using Python for everything makes less sense
Choose your tools based on profit potential, not because "I like Python and am good at it."
Much more...
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Before you go!
The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.
I hope to see you there!
36 min
January 26Amibroker: The Adventure Continues
Topics include:
Batteries Data Not Included - the best way to get data into Amibroker
The code that adds custom columns in Amibroker is resource-intensive
Quirks with databases in Amibroker
Your computer hardware matters with Amibroker (get more RAM)
Dave's hardware specs for his backtesting computer.
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Before you go!
The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.
I hope to see you there!
46 min