Better System Trader

There are lots of varying opinions about the markets right now. And massive uncertainty about where it's heading next. In this episode, I'm joined by Mish Schneider from MarketGauge, to discuss Market Phases, including: the 6 types of markets phases to watch for, simple techniques to detect what phase we're in right now, how traders and investors can adjust their trading for each phase, which phases are best for protection and which can uncover big profits, plus what could be next in the markets (and the clues to watch out for!) Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Price charts are no longer enough… The world of trading is changing and Alpha needs to be found in other ways. So what should traders do? In this chat with Fabio Ruggeri from MenthorQ, we discuss how traders can uncover "hidden market reaction zones" to get an edge over traditional chart trading. We also discuss: The impact alternative data can have on trading decisions (and generating alpha!), The type of data that can reveal hidden market reaction zones, What information traders could be missing by looking only at price charts, How to use these market reaction zones to manage trades and uncover market sentiment, The challenges of using purely technical analysis, Plus much more. Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Explore the world of algorithmic trading with Laurens Bensdorp as he delves into his extensive experience managing a diverse portfolio of trading systems. From foundational concepts to advanced strategies, Laurens provides a comprehensive guide to thriving in the volatile trading landscape. What You'll Learn: The journey from trading novice to mastering 55 non-correlated systems, How personal beliefs and risk tolerance shape your trading strategy, The effectiveness of mean reversion strategies within a diverse trading portfolio, Essential tips on managing psychological impacts and drawdowns in trading, Steps for developing and backtesting robust trading systems to ensure long-term success, Plus much more. Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

A Bloomberg study discovered MACD is the second most popular indicator after the RSI. But the MACD has BIG problems. And in this episode, Alex Spiroglou shares the solution. Here's what you'll discover: The issues with MACD and why it's often not a good indicator to use in momentum trading, The updated MACD-v indicator that overcomes all the traditional issues to give more accurate trading signals, How to use MACD-v as a regime filter, a trend filter, and improve signal accuracy to avoid false divergence signals, How the Momentum Lifecycle Roadmap provides traders with a comprehensive view of market conditions and potential trading opportunities, Why a multi-timeframe and multi-factor approach works and how to integrate it with MACD-v, Tips for integrating MACD-v into your trading process and much more. Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

The Volatility Index (VIX) is used by traders to determine when the stock market (S&P) is getting "too risky", so they can protect their trading accounts from losses. Could traders be using the VIX wrong? Is there an even better way to time the markets and reduce risk? In this episode, discover the new secrets of volatility-based trading with Rob Hanna. Rob shares his award-winning insights into using the VIX and SPX to time the market, challenging conventional wisdom and uncovering new strategies for volatility trading. Whether you're an advanced trader or just looking to refine your approach, this podcast is packed with valuable tips and actionable advice. Some of the key points you'll discover: Why conventional wisdom using VIX for market timing could be all wrong, Does VIX movement really predict market moves or is there a better way, How SPX signals can be more effective than VIX signals, The best indicators for predicting short-term market movements, Practical strategies for trading VIX instruments, How quicker VIX recovery can be leveraged to reduce the length of drawdowns, Plus a simple VIX model that uses SPX movements to time the market (the opposite of what most traders do), and much more! Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Tom Basso is a Market Wizard with 5 decades of experience. After taking 4 years to get to break-even, he eventually transformed himself into a $600 million fund manager. In this discussion with Tom, we uncover some of the key strategies he uses to profit in almost any market, protect his account from market downturns, and all while enjoying the ride! Here's some of the key takeaways: Why traditional diversification isn't enough and how to deploy extreme diversification to grow your portfolio, Tom's simple yet powerful hedging strategies to protege your account in a downturn, How to generate more consistent results by "filling the potholes" The advantages of using multiple indicators in trading and which indicators Tom uses (and those he avoids), How to simplify trading decisions using a common sense approach, Plus risk management, position sizing, discipline, surviving long-term and much more. Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

In this episode, Jason Strimpel from PyQuantNews joins me to discuss how traders can find profitable edges and compete effectively in today's fast-paced markets. Whether you're a seasoned trader or just starting out, Jason's strategies and insights are invaluable for anyone looking to up their trading game. Here's just some of the points you'll discover: How some traders get into trouble by confusing skill with luck, Why charts and basic trading platforms aren't enough to compete in the markets, The importance of looking outside the charts for genuine market inefficiencies, The dangers of brute-force data mining for strategy design and what to do instead, Creative approaches to finding robust trading edges, The impact of behavioral patterns and structural market inefficiencies on trading strategies, How data-driven strategies can help you identify and capitalize on market inefficiencies, Identifying areas in the market where inefficiencies may exist, And much more. Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Welcome to a new trading series called "The Trading Panel," where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants in this week's panel are: Andrew Swanscott Jason Perz Pavel Kycek Steven Strazza [0:02] Welcome and Overview [0:21] Panel Introduction [9:59] Discussing Trading Strategies [11:18] Integrating Various Trading Tools [13:02] Detailed Strategy Analysis [14:36] Using Regime Filters in Trading [23:46] Understanding Trading as a Discipline [25:17] Realities of Daily Trading [33:47] Handling Drawdowns in Trading [36:07] Learning from Trading Drawdowns [41:34] Analyzing Trading Performance [44:28] Concluding Remarks and Takeaways Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Welcome to a new trading series called "The Trading Panel," where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants in this week's panel are: Andrew Swanscott Jason Perz Pavel Kycek Jerry Parker 0:00 Introduction to the Panel 1:18 Introduction of Jerry and the Bird 6:14 Jerry Discusses Trend Following 11:13 Emotional Aspects of Large Trades 15:01 Role of Outlier Trades in Portfolio 23:21 Diversification and Stock Selection 30:15 Ignoring Market Noise 39:39 Trading Volume and Risk Management 50:08 Commodity Stocks and Portfolio Diversification 55:26 Final Thoughts and Takeaways 57:15 Panelists' Closing Statements Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Welcome to a new trading series called "The Trading Panel," where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants in this week's panel are: Andrew Swanscott Jason Perz Pavel Kycek Mish Schneider Ian Culley 00:00 - Introduction and Guest Welcoming 01:25 - Discussion on Trading Commodities 03:42 - Analysis of Current Market Trends 06:36 - Historical Comparison of CPI Trends 10:11 - Geopolitical and Market Predictions for 2024 14:23 - Cocoa Market Surge and Trading Strategies 21:08 - Short-Term Trading Techniques in Volatile Markets 26:43 - Intermarket Analysis and Sector Insights 33:09 - Emerging Markets and Investment Opportunities 42:53 - Cryptocurrency Trading Strategies and Market Analysis 52:00 - Audience Q&A and Relative Rotation Graphs Discussion 57:25 - Closing Remarks and Contact Information Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Welcome to a new trading series called "The Trading Panel," where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants in this week's panel are: Andrew Swanscott Jason Perz Pavel Kycek Tom Basso [0:02] Introduction [1:14] Guest Introduction [2:24] Discussion on Market Trends and Portfolio Management [7:13] Importance of Risk Management [10:12] Psychology and Handling Drawdowns [15:29] Learning from Market Experiences [19:34] Matching Personality with Trading Style [25:06] Becoming a Trend Follower [29:24] Coping with Market Crises [35:03] Balancing Life and Trading [42:20] Brain Processing and Idea Generation [45:03] Systematic Trading Insights [53:42] Misconceptions in Chart Patterns [1:01:43] Wrap-up and Contact Information Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Welcome to a new trading series called "The Trading Panel," where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants in this week's panel are: Andrew Swanscott Jason Perz Larry Tentarelli Steven Strazza Here are a few of the topics we discussed on the panel: 1. Importance of Simplifying Trading Strategies – Simplifying strategies helps in identifying trends and making trading decisions more effectively. 2. Using Moving Averages and Relative Strength – Moving averages and relative strength indicators are valuable tools for identifying trends and potential breakouts. 3. Adapting to Market Conditions – The importance of sticking to your strategy and waiting for favorable market conditions rather than constantly changing strategies. 4. Options Trading and Pattern Matching – Different options strategies can be used based on the pattern and structure of the stock, providing leverage and flexibility. 5. Risk Management and Position Sizing – Managing risk is crucial in trading, and position sizing should be based on overall risk tolerance and stop placement. Plus much more, watch the replay to extract all the goodness! [0:01] Introduction and Welcome [1:44] Highlighting Recent Interviews [3:17] Discussing Trading Strategies and Charts [6:16] Importance of Consistency in Trading [8:27] Adapting Trading Strategy to Market Conditions [10:38] Risk Management and Strategy Adaptation [13:28] Options Trading Insights [15:34] Market Trends and Sector Performance [19:20] Understanding the Value Line Index [21:50] Deciding Trading Timeframes [27:10] Importance of Risk Management [31:12] Risk Management with Options [33:23] Position Sizing in a Portfolio [41:49] Favorite Stocks and Sector Analysis [52:13] Relative Trends in Trading [52:46] Closing Remarks and Contact Information Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Welcome to a new trading series called "The Trading Panel", where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants on this week's panel are: Andrew Swanscott Jason Perz Jeff Hirsch Jason Shapiro 00:00 Episode Introduction and Host Welcome 01:44 Discussing Historical Market Trends with Jeff 06:49 Jeff Shares Sector Insights and Trading Ideas 10:08 Where to Find Jeff and His Work 11:04 Shifting Focus to Jason Shapiro's Trading Insights 19:26 Jason's Perspective on Market Conditions and Fed Policy 28:02 Discussing Common Trading Mistakes and Learning Processes 36:56 Highlighting the Importance of Risk Management 42:06 Unpacking Trading Industry Myths and Realities 46:11 The Dangers of Following Misleading Trading Gurus 53:43 The Significance of Personal Experience in Trading Success Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Welcome to a new trading series called "The Trading Panel", where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants on this weeks panel are: Andrew Swanscott Jason Perz Moritz Seibert Pavel Kycek 0:00 Welcome and Show Introduction 1:21 Discussing Trading Panels and Expectations 2:15 Reality of Trading and Drawdowns 3:16 Introduction to Professional Trading 8:20 Focus on Commodity Trading and Systematic Strategies 10:45 Embracing Volatility and Drawdowns in Trading 15:54 Managing Open Trade Profits 21:27 Importance of Aligning with Investor Expectations 26:02 Historical Context and Risk Management 30:38 Advice for New Traders on Strategy and Expectations 43:17 Handling Broker Fees and Optimizing Costs 47:24 Building Confidence and Consistency in Trading 54:36 Audience Questions and Panel Responses 58:05 Personal Journeys and Aha Moments in Trading Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Welcome to a new trading series called "The Trading Panel", where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants on this weeks panel are: Andrew Swanscott Jason Perz Mish Schneider Pavel Kycek 0:00 - Opening: Welcome and Panel Introduction 1:06 - Mish's Perspective on Market Prediction 5:02 - Insights from a Floor Trader's Journey 10:38 - Discussing Price Action and Trading Psychology 13:12 - Crypto Market Trends and Algorithmic Trading 21:16 - Diverse Trading Strategies: Discussion 30:52 - The Shift from Short-term to Long-term Trading 38:37 - Expert Tips on Identifying Market Tops and Bottoms 45:35 - Advice for New System Traders 49:09 - Episode Wrap-Up and Where to Find the Panelists Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Welcome to a new trading series called "The Trading Panel", where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants on this weeks panel are: Andrew Swanscott Jason Perz Richard Brennan Kevin Green Pavel Kycek 0:00 – Show Introduction and Panelist Greetings 0:49 – Panelists' Backgrounds and Trading Philosophies 6:17 – Analyzing Economic Indicators and Their Impact on Markets 13:19 – Debunking Market Myths with Price Action Signals 24:21 – Transitioning to Systematic Trading for Longevity 36:34 – The Role of Macro Factors in Shaping Trading Strategies 49:05 – The Future of Trading: AI, Cryptos, and Beyond 1:02:27 – Wrapping Up: Key Takeaways and Contact Information Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Unlock the secrets of algorithmic crypto trading with Pavel Kycek in this entertaining and insightful episode. Whether you're a crypto newbie or a seasoned trader looking to refine your trading strategies, Pavel's insights into the volatile world of cryptocurrency and expertise in algorithmic trading will guide you through the complexities of systematic trading, risk management, and much more. Here are some of the topics you'll discover in this discussion: How to identify what style of trading works best in crypto, The "Idea first" approach to building trading strategies that work, Indicators in crypto trading and how simple your trading strategies should really be, The type of strategies that work in the crypto market right now, Common robustness tests that work in crypto and which ones you should avoid (and why), Risks with crypto trading and how to reduce them so you can sleep well at night, Selecting the best cryptos to trade & the different behaviour and characteristics of coins, How the crypto markets are changing and what that means to future trading strategies, Regime filtering - when to use them and when to avoid them, Generating portfolios of crypto strategies and the types of strategies to include for performance stability, And much more... Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Welcome to a new trading series called "The Trading Panel", where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants on this weeks panel are: Andrew Swanscott Jason Perz Kashyap Sriram Pavel Kycek Kevin Green Timestamps [00:00] Introduction and Overview of Trading Topics [06:37] Discussion on Personal Trading Experiences and Learning Curves [12:21] Insights into Systematic vs. Discretionary Trading [15:43] The Role of Market Cycles in Trading Profitability [17:33] Exploring the Impact of Rate Decisions on Trading Strategies [23:54] Debunking Common Trading Myths and Strategies [25:07] Discussion on Options and Volatility Trading [28:27] Carry Trades and Their Potential Risks [30:42] Unforeseen Market Events and Their Impact on Trading [33:17] The Swiss Franc Event: A Case Study [36:30] Exploring Premium Scalping and Its Risks [39:25] The Yen-U.S. Dollar Carry Trade Discussion [42:12] Institutional Strategies and Risk Management Techniques [43:28] Policy Changes in Trading Instruments: USO ETF Case [46:27] Futures Contracts: Managing Expiry and Liquidity Risks [49:24] Liquidity and Risk Management in Trading [53:42] The Negative Oil Price Event: An Anecdote [54:54] Closing Remarks and Contact Information of Panelists [56:05] Final Thoughts and Upcoming Episode Teaser Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Welcome to a new trading series called "The Trading Panel", where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Participants on this weeks panel are: Andrew Swanscott Jason Perz Kashyap Sriram Markets & Mayhem Mike Melissinos Pavel Kycek Timestamps[00:00] Introduction to The Trading Panel [00:53] Speaker Introductions [08:23] Discussion on Trading Strategies and Market Positions [15:18] The Importance of Backtesting in Trading [20:06] Diversifying Trading Strategies and Portfolios [25:07] Handling Market Expectations and Predictions [28:36] Strategies to Avoid Curve Fitting in Trading [33:32] Price Agreement and Trading Decisions [38:31] Combating Curve Fitting with Simple Strategies [41:07] Fundamental Analysis in Trading Decisions [43:33] Systematic Trading and the Role of Historical Data [47:44] Closing Thoughts on Curve Fitting and Trading Strategies [52:16] Wrapping Up and How to Follow the Speakers Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Get ready to unlock the secrets of trading in uncertain markets with Richard Brennan and your host Andrew in this power-packed episode! Whether you're a novice or a seasoned trader, this episode is filled with invaluable insights that will help you navigate the volatile waters of the market with confidence. Key Points You'll Learn: Core principles for long-term trading success, Understanding market dynamics, The barbell approach to trend following, The benefits of using simple models in trading, How to identify and mitigate fragility in trading strategies, Managing risk with tail properties, The power of diversification and strategies to achieve maximum diversification, Navigating market regimes and fat tail events, And much more. Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Discover the good, the bad and the ugly of systematic trading as our guest Cesar Alvarez from Alvarez Quant Trading shares some key moments in his trading career all traders can learn from! Key Points You'll Learn: The impact of bad trades and what to do when you're in a trade you shouldn't be in (the answer may not be what you think!), Why the market can actually be a distraction to your trading and how watching the market LESS could be the key to improving your results, Shorting disasters and how to avoid that one disaster trade that could wipe out your account, A common perception about systematic trading that just isn't true (and how to overcome it), Plus loads of insights into algo trading, risk management, short selling and valuable lessons from many years of trading. Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Jump right into this exciting episode where Scott, a former tennis coach turned expert trader, shares his journey and tricks of the trade. With his witty anecdotes and deep insights, Scott's story isn't just about trading; it's a tale of transformation and finding success in unexpected places. Key Learning Points: Transitioning Careers: Hear how Scott switched from tennis coaching to trading and the lessons he learned. Trading Strategies: Discover Scott's approach to different trading strategies and what works best. Risk Management: Learn about the importance of balancing trade size and managing risks. Cultural Influence: Find out how culture can significantly impact your trading success. Adapting to Change: Gain insights on staying flexible and adapting to market changes. Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

In this episode, our guest is breakout trading specialist and Hedge Fund manager Tomas "Mr Breakouts" Nesnidal. In our discussion Tomas shares the 3 biggest lessons from his start in discretionary chart trading up to breakout trading mastery, plus some interesting stories along the way (like the trading tips he learnt from a CIA agent!) Packed with practical tips, eye-opening insights and interesting stories, this is a must-listen for anyone looking to up their trading game. Tomas's story is one you don't want to miss. Key Points: Transition from Discretionary to Algorithmic Trading The Role of Lifestyle in Trading Choices Exploring Breakout Trading Strategies Incorporating Robustness Testing in Trading The Importance of Exit Strategies over Entries Developing a Successful Trading Model Influence of Mentors in Trading Development And Much More. Disclaimer: Trading in the financial markets involves a substantial risk of loss. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice.

Want better performance from your trading strategies? In part 3 of my chat with legendary trend-following Turtle Trader Jerry Parker we discuss optimization, how to really extract better performance from your trading, and common traps to avoid. Key discussion points: Minimizing Optimization for Maximum Effect: How over-complicating your approach can backfire, why less is often more when it comes to trading strategies and what you should do instead. The Power of Simplicity: Learn why fewer rules often lead to better trading outcomes. The Role of Back Testing: Discover the benefits and limitations of this crucial and often mis-used trading tool. Diversifying Exits for Better Results: How diversifying your exit strategies can enhance your trading performance. Adapting to Market Volatility: Tips on how to stay afloat and succeed in fluctuating markets. 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.

This is part 2 of my chat with legendary trend-following Turtle Trader Jerry Parker. In this episode, Jerry unravels the complexities of trading size, risk management, and the mental fortitude required in the world of trading. From personal anecdotes to professional insights, this episode is a treasure trove for traders at any level. Key Points You'll Learn: Trading Within Limits: Understand the importance of trading size that aligns with your comfort level. Adhering to Systems: Discover why sticking to systematic rules is crucial for long-term success. Mental Resilience: Learn about the psychological challenges in trading and strategies to cope with stress. Personalizing Risk Management: Find out how to balance risk-taking with your personal risk tolerance. Learning from Mistakes: Hear about Jerry's early experiences and how they shaped his approach to trading Plus 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.

In this episode, legendary trend-following Turtle Trader Jerry Parker shares his journey from the initial struggles to mastering the art of trend following. Whether you're a newbie or a veteran in trading, this discussion offers valuable insights and real-life lessons that can transform your approach to the markets. Key Points You'll Learn: Overcoming the fear of entry and the importance of executing trades. The role of systematic rules in trading success. Learning and growing from trading mistakes. Adapting strategies according to market trends. Developing the right trader mindset for long-term success. 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.

Ever wondered what it takes to design profitable trading strategies that can even win trading competitions? In Part 3 of my chat with trading champion Kevin Davey, Kevin shares his approach to winning a trading competition, and how this relates to all traders, including strategy design, overcoming setbacks, and success and luck in the trading. Here's just a taste of the nuggets of wisdom Kevin shares in our chat: Championship Strategies: Dive into the tactics Kevin used to win the Robbins World Cup Trading Championship. Crafting Robust Trading Systems: Uncover the art and science behind developing trading systems that deliver results. Balancing Skill and Luck: Kevin sheds light on how luck influences trading outcomes and the importance of skillful decision-making. Resilience in Trading: Learn how to set achievable goals and effectively recover from trading downturns. Essentials of Back Testing: Find out why Kevin emphasizes the power of back testing in creating trading strategies. 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.

Step into the gripping world of trading with Kevin Davey, a seasoned trader with a tale that'll keep you on the edge of your seat! In part 2 of my chat with Kevin, he shares his journey from relentless losses (and margin calls) to transforming his trading approach. Kevin's story is a rollercoaster of emotions and lessons. Key Points You'll Discover: The Perils of Scale Trading: Kevin's early strategy and how it led to a tough learning curve. Emotional and Financial Impact: The psychological toll of repeated losses and the importance of mental resilience in trading. Transition to Algorithmic Trading: How Kevin shifted gears to a more data-driven, algorithmic approach. Risk Management Insights: Kevin's take on the critical role of risk management in trading success. Diversification as a Strategy: Why trading multiple strategies and markets is crucial for stability. 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.

Dive into the world of trading with Kevin Davey, a champion trader who turned his part-time passion into a full-time career. In this enlightening discussion, Kevin spills the beans on his journey and strategies that helped him climb the ladder of success in the trading arena. Key points you'll discover: Transitioning from Part-time to Full-time: Kevin shares his personal journey, revealing how he smoothly transitioned from part-time trading to becoming a full-time professional. Strategies for Success: Uncover the effective trading strategies that Kevin employed to stay ahead of the game. Overcoming Challenges: Learn about the hurdles Kevin faced in his trading career and how he overcame them. The Importance of Environment: Kevin emphasizes the role of a supportive and conducive environment in a trader's success. Consistency is Key: Discover how consistency played a crucial role in Kevin's trading journey, ensuring long-term success. 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.

Dive into the pivotal moments that shaped a trading veteran! Brent Penfold shares the twists and turns of his journey, from a chance encounter that launched his career to the mentorship that saved him from his own trading pitfalls. Get ready for a candid look at the successes, stumbles, and strategies that define a true market maestro. Key Points Listeners Will Learn: - How unexpected opportunities can kickstart a trading career. - The importance of mentorship in navigating the trading landscape. - Transitioning from discretionary to systematic trading. - The value of backtesting and choosing the right tools for your strategy. - Why transparency and accountability are crucial in trading. Fun Fact: Brent still sometimes counts waves due to his early imprinting with Elliott Wave theory, despite now being a systematic trader. Next Steps: Ready to level up your trading game? Visit indextrader.com.au for more details on Brent's upcoming workshop and don't forget to contact Brent for a special 10% discount exclusively for Better System Trader viewers. Just mention you saw him here and get ready to transform your trading! 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.

Buckle up because we've got a special treat for your trading journey! Adrian Reid, a seasoned trader with a wealth of experience, joins us on Better System Trader, in this special "Trading Triumphs: The Journey to Success" series, to get real about what it truly takes to succeed in the market. In this discussion, we dig deep into 3 defining moments of Adrian's trading journey, to uncover what really helped him achieve success. We're unpacking the trials, triumphs, and timeless wisdom of trading. This isn't just an episode; it's a masterclass in perseverance and profit. Here are 5 keys you'll unlock in this episode (plus many more!): The Marathon Mindset: Learn why trading is a long-haul game and how keeping a level head through the wins can define your success. Diversification is Your Safety Net: Discover Adrian's strategy for using gains to spread your risk and open new doors in the trading world. The Power of Patience: Adrian spills the beans on how waiting out a staggering 27 losing trades in a row taught him the patience of a saint—and the payoff was heavenly! Emotional Equilibrium: Get the inside scoop on handling the mental game of uncomfortable drawdowns without losing your cool (or your shirt). System Adoration: Why falling in love with the process, the rules, and the rigorous testing of your trading system can be the most rewarding relationship you'll ever have. 📢 **MORE INFO** Get more details about this episode, including exclusive show notes, summary points and the transcript, at https://bettersystemtrader.com/211 Ready to accelerate your learning curve? Jump into Trader Acceleration Week with Adrian, it's free. Register now at: https://go-bst.com/taw 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.

How can traders make better decisions to improve their trading results? In this episode, Matt Zimberg from Optimus Futures joins me to discuss decision making, what traders do wrong and how to be a more successful trader (and person) by making better trading decisions. Here are some of the topics we discuss: The importance of decision-making in trading, Common mistakes traders make, How traders underestimate "the game of trading", Filtering out bad trading information and training your brain to make good decisions, The importance of learning about things outside the market, The 3 main goals of successful traders, Fear and euphoria, Contrarian trading, people who shouldn't trade, 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.

Are you looking for unique ways to use "Big Picture" analysis to guide your trading decisions? In this episode, Brent Penfold from indextrader.com.au joins me to share some interesting (and effective) techniques he uses to determine the big picture to guide trading and investing decisions, including: Why the big picture is so important in trading, How technical analysis can fool traders, What are fractals and why they matter, Validating market reactions to specific levels, The Market Ladder that projects support and resistance levels, Using fractals to see the big picture and the simplest fractal pattern there is, Pivot points over multiple timeframes and market expectations around pivots, Examples of market reactions to pivot points, Is it safe to get back into the market? Fractals and pivot points on non-index markets, Dynamic pivot points vs static pivot points, Robustness in old trading ideas, 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.

Which is better for trading strategies - Indicators or Price Action? In this episode, Scott Welsh from scottwelshstrategies.com joins me to answer this eternal question. Here are some of the topics we discuss: Strange things that have impacted the markets this year, The value of reviewing simple strategies, Expectations traders have of trading strategies, Choosing the right trading style for a market, How to determine which markets trend the most, Old trading strategies that continue to do very well, How to manufacture "lucky" trading, Tracking dozens of old strategies, Identify strategy failure, The recent performance simple trading strategies, Plus 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.

3 amazing guests join us to discuss trading insights of the past year and how to prepare for a HUGE trading year ahead, including: Getting better as a strategy builder, Challenges building short index strategies, Switching between old and new strategies, Timeframes for short-term trading strategies, Scaling out in volatile sideways markets, When the next bear market will begin and the transition from Bull to Bear, Trend following over the last few months, "V" price movements in the markets, Stop & Reverse and small stops in crazy markets, Plus doing more of what works, old strategies that do well, algorithmic short selling 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.

Adrian Reid from Enlightened Stock Trading joins us to discuss systematic crypto trading, including: Why traders should consider the crypto markets right now, The mistakes most traders make with crypto, Choosing the best exchanges, data and software for crypto trading, Why buy and old is a bad approach to crypto and what you should do instead, The types of strategies that work in the crypto markets right now, The 3 types of risk in the crypto space (and how to reduce them), How to overcome limitations in crypto data, plus Regime filters, optimization, stop losses, backtesting, robustness, auto trading, price behaviour 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.

David Stendahl from SignalTradingGroup joins us to discuss techniques traders can use to achieve more stable results, including: Why it's good to understand a systems logic and will simple systems continue to work, How to apply adaptive logic to simple systems, Mistakes traders make using seasonals, How "seasonal depth" can identify when a market is likely to make a big move, Using environmental overlays to adjust position sizing, Using VIX to switch strategies on/off, Plus, we discuss which is better: diversification of systems or markets? 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.

Lawrence Chan from DayTradingBias joins us to discuss market bias and how to leverage structural bias to increase strategy performance, including: "Atomic strategies" and knowing when to NOT trade, The most toxic period to backtest a strategy, Why market behaviours are becoming so predictable, How some trading platforms are taking traders down the wrong path, Exploring biases caused by recurring events, Why traders should think in concepts first, Plus, leverage and volatility breakouts, chart patterns, simple tools, knowing the behaviours of market participants, human psyche, market internals 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.

Jason Shapiro from Crowded Market Report discusses a contrarian approach to trading profits, including: Why contrarian trading makes sense, How to identify crowded trades and why price is not a good contrarian signal, What the markets really are and why traders don't understand it, Risk management for contrarian trades, Why traders shouldn't care about being right or wrong, Plus, COT report, hedgers and speculators, fading the "experts", trading through news events 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.

Larry Tentarelli from Blue Chip Daily joins us to discuss techniques to buying pullbacks and avoiding bear markets, including: Determining the trend with price action and why price action is better than indicators, Using volatility and range expansion as warning signs, Impact of the index on individual stocks, Managing trades when markets are breaking down, Reliability of moving average crosses, Clues that indicate a pullback may be turning into a bear market, Using market internals to identify potential turning points, Plus, systematic rules vs discretionary trading, trading in a bear market, controlling the urge to overtrade, scaling-out of positions, sector rotation and selection, what to watch for in the markets right now, 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.

Kris Longmore from RobotWealth joins us to discuss 4 key areas part-time traders need to take seriously to be successful, including: Why it's important to understanding market participants and why they're trading, 3 common things traders do that almost guarantee they will blow up, Setting realistic expectations for retail traders, The "edge pyramid" and where retail traders should target, The "backtest cycle of doom", why backtesting is not research, and a better approach to finding a trading edge, plus Risk premia harvesting, turn of the month edges, universe selection, VIX trading edges, FX seasonality, portfolio Zen, risk allocation, crypto trading, machine learning 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.

Martyn Tinsley from TradeLikeAMachine joins us to discuss market noise, and how to leverage noise to improve trading strategies, including: Why it's important to understand market noise, The impact of market noise on trading strategies, Using noise to filter assets and timeframes, Example of impact of market noise on Mean Reversion strategies, The best strategies to trade in noisy markets, The difference between noise and volatility, Harmonic price patterns, instantaneous noise filtering, trading currency pairs, signal lag in noise indicators, repeatable patterns vs indicators 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.

Brian Blandin from Markets Science joins us to discuss how to find and trade statistical edges in the crypto markets, including: The things traders need to be aware of before trading crypto, Common factors and repeatable patterns that move the crypto markets, Software, programming language and exchange selection, How to screen cryptocurrencies to find those worth trading, Safety of funds at unregulated brokers, Crypto market correlation to stocks and index futures, Moving from discretionary to systematic crypto trading, volatility, slippage, liquidity 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.

Curtis White from Beyond Backtesting joins us to discuss 3 ways traders can build better trading models, including: The problem with trading models and why traders struggle to incorporate predictive factors into models, What drives the markets and using market cognition for better trading ideas, Identifying and trading different markets and datasets, Using statistical creativity in the strategy validation process, Problems with Walk Forward Optimization and the 'proven winner' solution, Testing with different bar types, the negative impacts of being too risk averse, 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.

Kyle Schultz from Algorithmic Futures joins us to discuss how to leverage volatility in your trading strategies to improve risk/reward and outperform the market, including: Why volatility is a key component in trading strategies, 3 main ways to apply volatility in trading strategies,\ Types of volatility filters and when to use them in the strategy development process, Using VIX term structure as a regime filter, Adapting strategies to different volatility regimes, Mean reversion vs momentum in different volatility regimes, 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.

Jeff Swanson from EasyLanguageMastery discusses how to avoid curve fitting your trading strategies using the "independent testing" technique, including: The things traders do that cause curvefitting, Is curvefitting a trading strategy really that bad? Independent testing and why you should use it when developing trading strategies, How to do independent testing of filters and using optimization to judge filter consistency, Testing combinations of filters and why you should look to remove Plus, types of filters to test, where to get trading ideas, how long to test a trading idea, when to switch strategies off, combining filters, tweaking a strategy 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.

Algorithmic trader Cesar Alvarez from Alvarez Quant Trading joins us to discuss low effort trading strategies, including: An explanation of rotational trading and the benefits/challenges of using rotational strategies, Why rotational trading is a fantastic way to diversify time (and also get to "trade lazy"), How often to rebalance and the impacts of the day you choose to rebalance, Ranking methods and some of the most effective ways to find the best candidates, How to reduce the churn in rotational trading with one small but powerful exit tweak, Plus, universe selection, risk management, rebalancing, short trades, mean reversion, stock splits, audience questions 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.

Trend following trader David Lundgren joins us to discuss how to improve trend following performance, including: The problem with momentum (and why momentum "doesn't work"), Why momentum isn't working today, Mixing momentum with trend following for better performance, The 4 conditions that must happen for a trend to occur, Modeling regime drivers and digging deeper to understand true market health, What to do when trading strategies are struggling, 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.

Trader, author and performance coach Dr Brett Steenbarger discusses how traders can get an edge by applying innovation to their trading, including: The 2 levels of improvements traders can make, Why traders resist innovation and how to address hesitation to change, How to innovate by looking at what we do well, Why NOT trading can be an innovation for traders, Impacts of lifestyle and mindset on innovation, Why you should "limit your search" when looking for edges, The 2 qualities most shared amongst successful traders Plus, odds and backtesting market patterns, skill vs luck, testing in relevant market regimes, what successful traders focus on 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 Ernie Chan from PredictNow.ai joins us to discuss how to predict the profitability of trades using machine learning, including: Unconditional probability and the problem with win% in backtest reports, Why "conditional probability" is much more useful for a trader and how to apply conditional probabilities to capital allocation, Why you should use Machine Learning for risk management and capital allocation only (and not for building trading strategies), Why feature selection and feature importance ranking are so valuable, Plus, the best ML techniques for prediction, how simple should trading strategies be, insights from cluster-based feature selection, do these techniques really work, ML as a crystal ball 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.