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Better System Trader

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Location:

Melbourne, Australia

Language:

English

Contact:

+61411800075


Episodes

137: Profiting from persistent market anomalies with Dimitri Speck

12/9/2017
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Our guest for this podcast episode, Dimitri Speck, first became interested in the markets as a child when he found gold while diving at the beach. And even though trading isn't usually as easy as just picking up gold off the ground, Dimitri has spent years diving deep into the markets and uncovering hidden and consistent anomalies that traders and investors of all styles can profit from. In this episode he's going to share some of these powerful insights with us, including:

Duration: 00:35:04


136: Anticipating market action and "pain points" with John Carter

11/26/2017
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A few weeks ago we organised a family holiday for December. We booked a luxury villa in Port Douglas and we’re all really excited to get there and start enjoying the holiday. Last year the Huffington Post published an article about vacations, and shared a study in a journal claiming that just planning or anticipating your trip can make you happier than actually taking it. I’m not sure if anticipating a holiday is more fun than actually taking it (I guess that depends on whether you have...

Duration: 00:33:48


135: How "balance" can make us better traders

11/23/2017
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I can’t believe it’s only 4 weeks until Christmas! We’ve got the Christmas ads running on the TV here already... The local grocery store has the Christmas decorations up... And they’re even playing Christmas carols - can you believe that? At home my 5-year-old daughter is already priming me for what she wants from Santa this year, which by the way is pretty much everything on TV right now! 2017 has gone by really fast and we’re coming into a time of reflection and rest, time to take a...

Duration: 00:08:26


134: Constructing a strong portfolio for higher returns and lower drawdowns

11/16/2017
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The Petronas towers in Malaysia are the tallest twin towers in the world at 452m (1483 ft) tall. Because of the ground underneath the building site, they had to put in some deep foundations, up to 114m (374 ft) deep. Without these deep foundations, the building would run into problems. In fact, during construction, at around the 72 floor, they discovered that tower 2 was leaning 25 mm (0.98in) from vertical, so to correct that lean the next 16 floors were slanted back the other...

Duration: 00:08:56


133: Building Mean Reversion trading strategies with Cesar Alvarez - Part

11/12/2017
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And we're back for the final episode in this 3-part series on building Mean Reversion strategies with Cesar Alvarez from Alvarez Quant Trading. In the 1st episode we discussed the goal of Mean Reversion trading, how to select a trading universe, a number of effective techniques to measuring Mean Reversion and how to combine indicators to identify better quality trades. In the 2nd episode we discussed market classification, trade ranking, exits, order types, position sizing, risk control...

Duration: 00:44:56


132: How to track poor strategy performance

11/9/2017
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A few weeks ago I got the fright of my life. I found myself in a situation where I could potentially be crushed by a car, or perhaps even a bus or truck. Find out what happens and how it applies to tracking the performance degradation of trading strategies (before they kill your account).

Duration: 00:10:38


131: What strategies work best in low volatility environments?

11/2/2017
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I’ve just arrived back home from a few weeks in the States, I had a great time there but it’s also good to be home. I’m a bit jet-lagged today so let’s hope what I share today actually makes sense! A few weeks ago I had the honour of speaking at the ATAA members meeting here in Melbourne. I presented for about an hour and the topic of my presentation was ‘7 practical tips to reducing drawdown’. In this weeks Trading Thought I want to share a quick story from that and how it applies to...

Duration: 00:06:13


130: Building Mean Reversion trading strategies Part 2 with Cesar Alvarez

10/28/2017
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And we're back for the 2nd episode in this 3-part series on building Mean Reversion strategies with Cesar Alvarez from Alvarez Quant Trading. In the first episode we discussed the goal of Mean Reversion trading, how to select a trading universe, a number of effective techniques to measuring Mean Reversion and how to combine indicators to identify better quality trades. If you haven't listened to that episode yet, you should check it out first here. In this 2nd episode in the Mean...

Duration: 00:36:01


129 - Does it actually make sense to ALWAYS use a stop loss?

10/26/2017
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Have you ever wondered: I'm sure there are reasons for all of these, but on the surface they don't seem to make sense. What about stop losses, do they make sense? We often hear the trading rule of 'always use a stop loss', no matter what, use it everywhere, but… Does it actually make sense to ALWAYS use a stop loss? Or are there occasions when using a stop loss DOESNT make sense? And if so, how do you handle that? How do you manage your risk? In this week’s trading thought, we’re...

Duration: 00:08:51


128: Where to find 'phenomenal' trade setups

10/17/2017
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As you probably know, we’re currently focusing on Mean Reversion trading strategies. In episode 127, Cesar Alvarez shared a number of techniques to measuring Mean Reversion and identifying setups. There was probably close to 10, maybe 12 different ideas Cesar shared with us, so there are lots of ways to measure Mean Reversion when looking for trade setups. Are any techniques better than others? In this weeks Trading Thought I want to add a little bit more to the insights Cesar...

Duration: 00:06:26


127: Building Mean Reversion trading strategies with Cesar Alvarez - Part 1

10/14/2017
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We’ve got something special organised for you here... This is the 1st episode in a special 2-part series on building Mean Reversion trading strategies. And to discuss Mean Reversion we have a special guest, someone who has been on the podcast a couple of times already - Cesar Alvarez from Alvarez Quant Trading. Those of you who know Cesars work would be aware that he is a Mean Reversion specialist. He has a wealth of knowledge on Mean Reversion trading that he's going to share with us...

Duration: 00:39:02


126: Protection in a market downturn

10/13/2017
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It seems from the emails I’ve been getting lately that more and more traders are becoming concerned about the state of the markets, especially the stock markets, which is understandable. And the concern is really around what’s going to happen when the stockmarkets start falling. What could happen to their strategies and accounts and how can they prepare for it now? How can they protect their portfolios? One form of protection that often comes up is using diversification to reduce...

Duration: 00:06:21


125: Are your trading strategies sick or healthy?

10/5/2017
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In this weeks ‘Trading thought’ we’re going to discuss an issue that all traders have to face... How do you know when to stop trading a strategy? A common approach is to wait for a strategy to reach the maximum historical drawdown and then either stop trading the system or look at modifying it or optimizing it, but... There are a couple of problems with that approach: When we have a system that goes into drawdown, we never really know if it’s the beginning of the end for that strategy...

Duration: 00:09:49


124: Managing Trades with Linda Raschke

10/1/2017
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Trade management is a critical component of a trading strategy. It can often be the difference between a profitable trade and a loss... However many traders focus on the entry only and leave trade management as an afterthought. In episode 49 of the podcast, Linda Raschke, said "trade management is probably the most neglected area of system development". In that episode we focused on Linda's approach to modelling the markets but in this episode Linda is back to discuss trade management...

Duration: 00:43:43


123: Will history repeat in 2017?

9/28/2017
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In this weeks Thursday Trading Thought we’re going to discuss a market pattern that was identified over 80 years ago, perhaps even longer, that could indicate what happens in the markets for the rest of 2017. Now, I can imagine some traders are probably thinking, “who cares about some old, dusty trading rule from the 1900’s, surely that has no relevance to the markets today?” Well, that’s what we’re going to discuss with our guest Brent Penfold, who is going to answer the following...

Duration: 00:19:47


122: Competing with Machine Learning and PHDs

9/21/2017
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With the explosion of computing power, more and more resources are being deployed to analyse the markets. Edges that used to work are being eroded away or destroyed as traders from all around the world get to work analysing the same sets of price data. Add to that mix the sophisticated machine learning algorithms and the rooms full of PhDs, how do we even compete with that? If everyone is looking at the same price data, is trading based on price alone enough, and if not, then what is...

Duration: 00:09:35


121: Volatility and Systematic Options Strategies with Luca Giusti

9/17/2017
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In this episode we’re going to explore a topic we don’t cover much on this podcast and that is options trading. 2 of the mains reasons we don’t discuss options trading much, is firstly because I don’t trade options myself and have limited knowledge of how to use them, but also because there are some challenges with testing options strategies which makes it difficult to backtest them systematically. However, there are some potentially huge benefits to trading systematic options strategies...

Duration: 00:31:42


120: 3 trading inspirations

9/14/2017
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In this weeks Thursday Trading Thought we’re going to inject some inspiration into the podcast. Trading is a really tough business and sometimes as traders we can get into a bit of a funk, no matter what level of trading we’re at. But we’re only human and we’re all trying to get better, so in this episode I’ve pulled together 3 of my favourite stories or motivations from the podcast. We’ve had a lot of inspirational guests on the show over the years so I could have pulled out a whole...

Duration: 00:07:19


119: Fear, Hope and Greed

9/7/2017
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Fear, Hope and Greed are 3 dangers that traders of all levels need to watch out for. They can have sometimes have a dramatic impact on our trading results, and even cause traders to quit trading or to blow up their accounts. And even if you think you’ve got them covered things can change pretty quickly, and even seasoned pros that are often as cool as ice can turn into a quivering mess in the corner! OK, that was a little dramatic, but it can happen and I’m sure you get the point that...

Duration: 00:11:11


118: Game Theory with Brian Miller

9/3/2017
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So here it is, the 2nd part of our conversation with Brian Miller from Optimized Trading. In the chat today we're going to combine some new topics with an expansion on our previous conversation, including:

Duration: 00:38:39

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