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Showing episodes and shows of
Ernest Cha
Shows
The Amanda Seales Show
Bet Cha Didn’t Know: Red Lobster Never Served Racism | EPISODE 57
Today on the Amanda Seales Podcast, we cover a variety of topics, from malcolm x's family suing for $100 million to r. Kelly being sentenced to 20 years in prison. The show also features a segment called "Bet Cha Didn't Know" with Ernest Crem III who discusses the owner of Red Lobster breaking racial barriers. Get ready to listen, laugh, and learn, thank you for tuning in to The Amanda Seales Show. FOLLOW ALONG AS WE COVER: (04:00) BLACKURATE NEWS: Malcolm X’s Family Announces $100 Million Lawsuit Against NYPD, FBI, CIA. Nipsey Hussle Murderer Eric Holder Se...
2023-02-24
1h 05
The Amanda Seales Show
Bet Cha Didn’t Know About The Heroism Of Aunty Polly | EPISODE 53
This podcast episode of Amanda Seales features a discussion about governor Gregg Abbott of Texas calling diversity efforts illegal, as well as the question of whether married women should attend nightclubs. The episode also features a special guest, Black history expert Ernest Crem, who teaches us about Aunt Polly and her impact on the African-American community. This episode is sure to provide an interesting and informative discussion about the current state of diversity in the United States. Listen laugh and learn with the Amanda Seales Show. FOLLOW ALONG AS WE COVER: (03:58...
2023-02-17
1h 01
WE BOUGHT A MIC
Lightyear, Cha Cha Real Smooth, Stranger Things 4, Spiderhead, Better Call Saul, and more
Ernest and Hunter bring you a ketchup corner full of movie and tv goodies, including Lightyear, The Bob's Burgers Movie, Cha Cha Real Smooth, Spiderhead, Obi-Wan Kenobi, Ms. Marvel, Stranger Things, The Boys, The Old Man, and Better Call Saul. Subscribe to our YouTube channel! Visit our website at weboughtamic.net E-mail us: weboughtamic@gmail.com Follow WBAM: TikTok, Instagram, Facebook, and Twitter. (@weboughtamic) Subscribe on Apple Podcasts and leave us a review Twitter: @caldernest / @HuntMobley / @DrewDietzen Letterboxd: letterboxd.com/caldernest / letterboxd.com/hearshot / letterboxd.com/drewd
2022-06-20
2h 13
Ongea Na Kocha.
ONGEA NA KOCHA; Wewe Ni Mshindi, Third Door na Ernest Paschal.
Karibu mwanamafanikio kwenye kipindi cha juma cha ONGEA NA KOCHA.Kwenye kipindi hiki unakwenda kupata yafuatayo;Moja ni somo la wewe ni mshindi, ambapo nimekushirikisha kwa kina namna ya kufikiri kama mshindi, kufuta kabisa mbadala na kupambana mpaka ufanikiwe.Mbili ni uchambuzi wa kitabu cha Third Door ambapo mwandishi ameshirikisha njia mbadala ambayo wale waliofanikiwa sana walizitumia katika kuanza safari yao ya mafanikio.Tatu ni mahojiano na mwanamafanikio mwenzetu Ernest Paschal ambaye anatushirikisha safari yake ya mafanikio aliyopitia maanguko mengi ila akawaza kuinuka na kuendelea na mapambano.Nne ni mjadala...
2021-11-29
3h 36
Listen to Top Audiobooks in Mystery, Thriller & Horror, Suspense
The Rivals: Tales of Sherlock Holmes’ rival detectives: 16 BBC Radio full-cast dramas by Louisa Pirkis, Matthias Mcdonnel Bodkin, Julius Cha
Please visit https://thebookvoice.com/podcasts/1/audiobook/500881 to listen full audiobooks. Title: The Rivals: Tales of Sherlock Holmes’ rival detectives: 16 BBC Radio full-cast dramas Author: Louisa Pirkis, Matthias Mcdonnel Bodkin, Julius Chambers, Jacques Futrelle, Ernest Bramah, Arthur B. Reeve, Anna Katherine Green, R. Austin Freeman, Robert Barr, Edgar Allan Poe, Arthur Morrison Narrator: James Fleet, Tim Mcinnerny, Andrew Scott, Marcia Warren, Honeysuckle Weeks, Full Cast, Paul Rhys, John L. Sessions, Tim Pigott-Smith, Anton Lesser Format: Unabridged Audiobook Length: 7 hours 24 minutes Release date: April 8, 2021 Ratings: Ratings of Book: 2 of Total 1 Genres: Suspense Publisher's Summary: The complete collection of all 16 episodes from th...
2021-04-08
05 min
Al Dennis, Age 44, Retired
SOLITARY CONFINEMENT IN THE DIGITAL AGE: Cha, Castro, Hemingway, McLuhan and William Aide
In this episode, as you learn how to make a delicious pot of cha in the tradition of the Punjab, you will learn of some of the spectral forces that accompany my scholarship. The ramblings herein meander from Prince George, BC to The Nordheim Ravine, which is connected to Toronto's Winston Churchill Boulevard. All of the above are Supernatural Lanscapes. This episode specifically details how the ghosts of Ernest Hemingway and Marshall McLuhan can still be encountered in The Nordheim Ravine, how I found them and they found my beautiful Lady Castro and me.T...
2021-01-14
30 min
Better System Trader
Important Announcement
As I'm sure you've realised, I've taken a break from podcasting for the last year or so. I've been focusing on some other trading projects so I haven't released any new episodes for quite a while, but over that time I've received a lot of messages from traders hungry for more podcast episodes. Has Better System Trader finished? Is it coming back? I have some interesting news to share - take a listen. Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not s...
2020-09-12
02 min
Worthy Chic CHAT .. with Kristal Worthy
Black BizNess Roll Call! Shaboom Cha Cha Chaboom!
Today we are discussing the temperature of America with special guest Ernest Coverson - Non-Violence Manager with Amnesty International. Join us as we discuss Black Businesses. Listen out for the Black Business Roll Call!
2020-06-13
38 min
Better System Trader
164: Performance Accelerators - Steve Ward
This podcast episode made me think back to the very first computer I bought in my high school days. We’re talking about the mid-1980, when computers were still relatively new. Actually, my first computer was a commodore 64 (how good were they!), which my parents bought me, but the first computer I actually bought myself was a pretty serious computer at the time. It cost about 3 or 4 thousand dollars, which back then was quite a bit of money. And this computer only had a fraction of the power that we have in our mobile phones th...
2019-06-23
49 min
Better System Trader
163: The Laws of Trading - Agustin Lebron
In this podcast episode we’re going to be talking about something incredibly fundamental to traders. It’s something we have to do all the time as traders, and it can have such a huge impact on our trading performance. In fact, it doesn’t just impact trading, it can impact ALL aspects of our lives. So, what is it? Any ideas? It’s decision making. Now I don’t need to explain the importance of decision making, it’s pretty obvious… I’m sure we’ve all made good and bad decisions over...
2019-06-01
35 min
Better System Trader
162: Building effective entries and exits - Kevin Davey
Glad you could join us today for a discussion on what is probably one of the most popular topics in trading, and that is entries and exits. Traders love talking about entries, but the truth is, when you dig deeper and test them out, you might just discover lots of entry and exits techniques either don’t actually work very well at all or don’t work as well as expected. So, how do traders know what makes a good entry or exit? How do we go about building effective entries and exits for...
2019-05-19
42 min
Better System Trader
161: Improving performance with strategies that manage strategies - David Bean
Our special guest for this episode has done some really interesting work into strategies that manage trading strategies based on their current performance. This can have a huge impact on performance results, but what does it actually mean, how does it work and how can we do it? Well, David Bean from Capstone Trading Systems is joining us to explain exactly that, plus he’s going to share a whole lot more, including: Patterns versus indicators, where they fit in a strategy and which works better, Why market regime filters may not be t...
2019-04-12
37 min
Better System Trader
160: How to achieve long-term trading success - Linda Raschke
I just want to start by saying happy new year! I know it was a few weeks back, but I hope you’ve had a good start to the year and I wish you all the best for 2019. Now I’m really excited to be sharing this episode with you for a number of reasons. I think it’s very timely considering this is the time of the year where we make new years resolutions. We reflect on where we are and what we want achieve. Perhaps we’ve set some goals and started achieving some of...
2019-01-27
40 min
Better System Trader
159: Maximising the potential of portfolios - Adam Butler
With so much focus often on the actual trading strategies or investments, portfolio construction can sometimes become an afterthought… or not even considered. However, as we’re going to hear about today, portfolio construction and optimization has the potential for huge increases in wealth... But there are a number of aspects we need to carefully consider if we want to maximise the potential of portfolios. Joining us today as our special guest is Adam Butler, CIO from quantitative asset management company Resolve Asset Management. Adam has published some interesting research on port...
2018-11-26
43 min
Better System Trader
158: Bull, Bear or Correction? Reading the signs - Troy Bombardia
With recent market stock market actions, talk again is turning to whether this is just another correction. Will the bull market resume or are we in the beginning stages of a bear market? In this episode we have a timely look at the market with Troy Bombardia from investment research firm Fundamental Capital and the website BullMarkets.co. Troy has been working in his family’s hedge fund for 10 years now, and applies a unique mix of Fundamentals, Technicals, and Statistics to his trading models. In my discussion with Troy today, yo...
2018-10-28
40 min
Better System Trader
157: Assumptions, Probabilities and Diversification with Michael Grech
Joining us today as special guest is Michael Grech from Quantopolis. Mike is a quantitative trader with a background in signal processing and computer modelling, and in our chat you'll discover a number of interesting topics, including: Trading based on assumptions and building portfolios of diversified strategies, Why every trader should have some kind of volatility strategy in their portfolio and how to balance risk vs reward in volatility strategies, Mike's latest book on quantitative investing, How concepts from the book "Thinking Fast and Slow" have applications to traders. Plus, Mike is going to let us...
2018-09-30
41 min
Better System Trader
156 - Where is technology taking us? - Dr Tom Starke
A common dream sold to traders, especially when they’re starting out, is the dream of sitting back on the beach sipping cocktails while our trading systems go to work and make us money. While certain aspects of that dream are possible, for example automated trading, traders still need to do a lot of work to get to that point. We’ve got to research the markets, find trading edges, do testing and robustness checks, monitor strategies and systems, tweak and adjust where required... It’s really not as simple as the dream sounds...
2018-09-17
42 min
Better System Trader
155: Stories from the trading floor - Damon Pavlatos
In this episode we’re going to be talking about the pits. The trading pits may be closed (or most of them are anyway) but there is a lot of history there. There are lots of stories and events that occurred in the pits over the years that we can still learn from today. On this podcast episode we have special guest Damon Pavlatos who has been extensively involved in the commodity and financial futures industry since 1978. He has held Exchange Memberships on the CME, CBOT and Mid America Exchange. Not on...
2018-09-02
1h 09
Better System Trader
154: From Billion dollar trades to private trader - with Petra Zacek
Ever wonder how the ‘other side’ trades? I suppose it depends what ‘trading world’ you live in but in this episode we’re exploring 2 different worlds - the institutional world AND the private trading world. And joining us to do that is special guest Petra Zacek. Petra started out in the institutional world and in this episode she shares some interesting stories and lessons about her time there. But now that she’s a private trader she’s also going to share some insights into trading her own account and the transition fro...
2018-08-19
42 min
Better System Trader
153: High performance trading - with Mandi Pour Rafsendjani
Quite often the focus for traders are the technical aspects of trading - indicators, back-testing procedures, robustness checks, statistics, trading platforms, infrastructure etc. All of these aspects can have an impact on trading performance. However, there are other aspects of trading too that often go unrecognised, ignored, and can have a huge impact on our performance no matter how good our strategies are. What are they? Joining us today to discuss high performance trading is Mandi Pour Rafsendjani. Mandi is a trader, speaker and peak performance trading coach who...
2018-08-05
52 min
Better System Trader
152: "Backtesting trading strategies does not work" - John Ehlers
"Backtesting trading strategies does not work!” Got your attention? Maybe you agree with this statement. Perhaps you strongly disagree and you’re currently heading out to the backyard to grab your pitchfork. Or maybe you’re shaking your head thinking ‘what the heck swanny, have you finally lost it man?’. Well, the good news is I haven’t lost it (yet). We're going to dive deeper into this statement in the podcast episode today. But first, I'd like to introduce our guest - John Ehlers. John is a fr...
2018-07-22
40 min
Better System Trader
151: Buy the fear, sell the greed - Larry Connors
As Warren Buffet once said: "the stock market is a manic depressive.” The market can be full of euphoria and greed one moment, and switch to fear and panic the next. This can often be a time of danger and high-risk for some traders, but for other traders it’s a time of immense opportunity. How? In this podcast episode we’re joined by special guest Larry Connors. Larry has over 30 years in the financial markets industry and has been featured on the Wall Street Journal, Bloomberg, Dow Jones, & many o...
2018-07-07
35 min
Better System Trader
150: Looking at markets from different angles - Rikard Nilsson
In this podcast episode we’re going to be talking about strategy design and different ways to look at the markets, and joining us as our special guests is Rikard Nilsson from Autostock. Rikard trades all different styles and markets, and has even built his own trading platform with some interesting features he’s going to share with us. Plus he’s going to share some interesting ideas on how he looks at the markets, some of which you may not have heard of before, including: The 'Predictive Average' indicator – how it can be used to...
2018-06-24
38 min
Better System Trader
149: Trading in Probabilities - Scott Hodson
A huge part of algorithmic trading is all about stacking the odds in our favour. Finding statistical edges, identifying times when probabilities indicate that market conditions are either favourable for a trade or perhaps unfavourable for a trade. And although probabilities aren’t certainties, they can still be an important guides for traders, so joining us as special guest for this episode is Scott Hodson from Probable Trades. Some of the things you’ll discover in my chat with Scott are: How to apply probabilities to trading strategies and why looking at cros...
2018-06-10
35 min
Better System Trader
148: Plugging holes in strategies and portfolios - Ryan Moffett
In this episode we’re going to be talking about holey strategies and portfolios. Now, when I say "holey" I’m not talking about religion, divine intervention, holy grails or anything like that, although we could probably apply todays topics to those type of strategies that need divine intervention (and who hasn’t had a strategy like that at some point?). No, when I say "holey" I mean something with a hole in it, like a bucket that has a hole in the bottom. When you put water or some other liquid into that b...
2018-05-27
47 min
Better System Trader
147: Building trading strategies with confidence with Adrian Reid
Confidence is a powerful thing – when people have it they can do some pretty amazing things, but on the opposite side, a lack of confidence can be debilitating too, and for traders it can have some similar effects, especially when the performance of a strategy starts to suffer and a trader has money on the line. So, what can we do about this? How can we have more confidence in the strategies that we build and trade? Confidence that we’ve built strategies that are robust. Confidence to continue trading strategies during the periods when stra...
2018-05-13
55 min
Better System Trader
146: Using indicators to predict stock movements with John MacLeod
Predictive modelling is used in many aspects of our lives today.. in the banking and insurance industries to assess the risks and behaviours of customers… in marketing to anticipate customer purchasing behaviours… in meteorology to forecast the weather… in fact there are too many applications to list here but predictive modelling has the potential to be applied pretty much anywhere, even in the markets. Now you may be saying ‘wait, I’m not in the business of predicting, my trading is all reactive, I don’t predict, I just follow the m...
2018-04-29
43 min
Better System Trader
145: Protecting capital through proper risk management with Aaron Brown
I think it’s pretty safe to say we’ve had some interesting times in the markets so far this year. There has been an increase in uncertainty, higher volatility and even outside of the markets there have been a number of events that seem to be impacting the markets. Some traders may be seeing the current market environment as riskier than it has been in the recent past, while other traders may be enjoying the increased opportunity, but whichever way you look at it, there is something that all traders need to consider if they...
2018-04-15
54 min
Better System Trader
144: Building dynamic trading strategies with Trader Janie
One of the biggest issues we have as systematic and algorithmic traders is that the markets are dynamic and constantly changing, however its quite common to build trading strategies that are static and are designed to take advantage of an optimal set of conditions which don’t actually last very long, if at all. This can cause periods of good and poor performance as trading strategies fall in and out of sync with the markets, so it makes logical sense to try including some adaptive elements into trading strategies to help them adjust better to the markets as...
2018-04-01
37 min
Better System Trader
143: The 'DNA approach' to trading with Bruce Vanstone
The discovery of DNA as well as the understanding of its function and structure may be one of the most important discoveries of the last century. As researchers continue to unlock its secrets, the applications to the scientific, medical, agricultural and forensics fields has been enormous. From enabling the breeding of animals and crops that are better resistant to disease, to being able to accurately identify criminals and victims, and even to detect diseases early on and create breakthrough treatments for diseases that were previously considered lethal, DNA research is having a huge effect on...
2018-03-18
48 min
Better System Trader
142: Mastering the Fundamentals with Martin Lembak
The idea for this podcast episode has its roots in a trip I made to the States last year. I was at a conference and one of the speakers was 1993 Karate World Champion Ricardo Teixeira. Ricardo was explaining how he came about becoming World Karate Champion and he shared his #1 secret to achieving this success, any ideas what it was? It was something that sounds incredibly boring, but it produces big results, and that is: Mastering the fundamentals. Ricardo explained that leading up to the World Championships, he spent...
2018-03-04
35 min
Better System Trader
141: Models are like unicorns - with Kevin Saunders
We have a really interesting one here for you today, one that may challenge your existing thoughts on trading models. I know this episode has certainly made me think about it from a different angle, so I hope you enjoy this. Our guest for this episode is Kevin Saunders from Tribelet Capital. Kevin is a specialist in electronic trading across many international exchanges, co-founding Non Correlated Capital in 2009, which later became a licensed CTA with more than USD 40 million under management. He has won a bunch of awards for his trading...
2018-02-19
50 min
Better System Trader
140: Forecasting a Volatility Tsunami with Andrew Thrasher
In this podcast episode we’re going to be talking about something that can have a huge impact on the markets and on trading strategies. It’s something that can happen very quickly and cause a lot of damage, and that is spikes in volatility. And our special guest to discuss volatility spikes today is Andrew Thrasher, who published a research paper called ‘Forecasting a Volatility Tsunami’, which won the Charles Dow award in 2017. Whenever the VIX is at low levels we here all about in the mainstream media, with the implication that it’s about to r...
2018-02-04
31 min
Better System Trader
139: Generating alpha from institutional activity with Jason Bodner
Welcome to the first podcast episode for 2018, happy new year! I hope that you had a great Christmas or holiday season and all the best for 2018. In this podcast episode we’re talking about the impacts that large institutions can have on the markets, especially on stocks, and how certain institutional behaviours can indicate potentially big moves in prices. Our special guest is Jason Bodner from Macro Analytics for Professionals (MAP). His previous experience working some big institutional orders has given him some valuable insights that I’m sure we can all...
2018-01-07
46 min
Better System Trader
138 - 2017 roundup: the year in review
Well here we are, another year gone (and so fast too!). I’m glad you could join me for this final episode for 2017, where we’ll be reviewing all of the special guests we had on the show this year, the topics and insights they've shared plus their top trading lessons. I think this is a great way to look back, to be reminded of some of the key points, and all of the amazing knowledge our guests have shared with us this year. Also, thanks for all of the emails of support and...
2017-12-24
34 min
Better System Trader
137: Profiting from persistent market anomalies with Dimitri Speck
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: How understanding Intraday behaviours can help you to get better prices and...
2017-12-10
35 min
Better System Trader
136: Anticipating market action and "pain points" with John Carter
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 to take your kids or n...
2017-11-26
33 min
Better System Trader
135: How "balance" can make us better traders
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...
2017-11-24
08 min
Better System Trader
134: Constructing a strong portfolio for higher returns and lower drawdowns
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 72nd 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 way. They even hired specialist surveyors to check the lean of...
2017-11-17
08 min
Better System Trader
133: Building Mean Reversion trading strategies with Cesar Alvarez - Part
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 and much more. In this 3rd and final episode, Cesar answers all your questions, covering a w...
2017-11-12
44 min
Better System Trader
132: How to track poor strategy performance
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). 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 t...
2017-11-10
10 min
Better System Trader
131: What strategies work best in low volatility environments?
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 t...
2017-11-03
06 min
Better System Trader
130: Building Mean Reversion trading strategies Part 2 with Cesar Alvarez
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 Reversion series, Cesar will be sharing: How to classify market c...
2017-10-28
36 min
Better System Trader
129: Does it actually make sense to ALWAYS use a stop loss?
Have you ever wondered: Why the word "abbreviate" is so long? Why are wise men and wise guys opposites? Why is it called quicksand if it takes you down slowly? Where do forest rangers go to "get away from it all?" Why is it that when we transport something by car it's called a shipment, but when we transport something by ship it's called cargo? 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...
2017-10-27
08 min
Better System Trader
128: Where to find 'phenomenal' trade setups
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 shared with us on Mean Reversion setups by referencing another very popular Mean Reve...
2017-10-17
06 min
Better System Trader
127: Building Mean Reversion trading strategies with Cesar Alvarez - Part 1
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 over this special 2-p...
2017-10-14
39 min
Better System Trader
126: Protection in a market downturn
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 portfolio risk. However, a common question that is r...
2017-10-13
06 min
Better System Trader
125: Are your trading strategies sick or healthy?
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: Once the strategy has hit that drawdown level, the damage is already done, you’ve already taken a series of losses to get to that lev...
2017-10-06
09 min
Better System Trader
124: Managing Trades with Linda Raschke
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 and exits, including: Why trade management is such a neglected a...
2017-10-01
43 min
Better System Trader
123: Will history repeat in 2017?
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 questions, plus more: What is this pattern and can something id...
2017-09-28
19 min
Better System Trader
122: Competing with Machine Learning and PHDs
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 the solution? ...
2017-09-22
09 min
Better System Trader
121: Volatility and Systematic Options Strategies with Luca Giusti
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 in a portfolio, if you can overcome these challenges. Today's guest, Lu...
2017-09-17
31 min
Better System Trader
120: 3 trading inspirations
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...
2017-09-15
07 min
Better System Trader
119: Fear, Hope and Greed
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 poin...
2017-09-08
11 min
Better System Trader
118: Game Theory with Brian Miller
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: The application of game theory in trading (it doesn't just apply to HFT), The importance of letting the R&D process guide you instead of trying to squeeze it into a preconceived idea, How to balance simplicity with complexity for more robust trading solutions, The impacts of price data evolution on trading model longevity and how to address them, Plus a f...
2017-09-04
38 min
Better System Trader
117: How to make better trading decisions
A common misconception with systematic and algorithmic trading is that it removes the impacts of human psychology on trading. But that’s really not the case. In fact, even when we’ve got trading platforms automatically executing trades for us, the mental aspects of trading can still have an impact on execution, model development, position sizing and other areas... Sometimes without us even knowing. And not only can they have a negative effect on our trading results, but can also take a toll on our health, well-being, relationships and other areas of o...
2017-09-01
11 min
Better System Trader
116: Building entries without curvefitting
You may have noticed over the past few weeks of 'Thursday Trading Thoughts' that we’ve been following a theme. In episode 113 we heard about a test Kevin Davey calls the ‘Monkey test’, which can be used to measure the effectiveness of entries and exits. Then in episode 114 we reviewed a technique that Dave Bergstrom shared to measure the decay of a trading edge so that we can determine when an edge has gone, and not overstay our welcome at the party. In this weeks trading thought we’re going to discuss the process...
2017-08-25
09 min
Better System Trader
115: Intelligent strategies that maintain themselves - David Stendahl
Glad you could join us today for our chat about intelligent systems that maintain themselves. Sounds good doesn’t it? Well actually, that’s not all we’re going to discuss today, we’ve got so much more than that. Our guest for this episode is David Stendahl, from Signal Trading Group. David is a CTA with more than 20 years of experience designing and trading systems, and not only is he an international speaker and the author of 4 books but he also co-created the backtester in Tradestation many years ago. In thi...
2017-08-20
41 min
Better System Trader
114: How to quickly identify when an edge has gone
Last week we reviewed a technique Kevin Davey shared to measure the effectiveness of entries and exits using something he calls ‘the monkey test’. This week we’re going to look at entries and exits from a slightly different angle: How can we measure a trading edge after we’ve entered a trade, Is it possible to identify when that edge has disappeared so we can consider exiting the trade rather than overstaying our welcome? In this episode we’re going to review a technique that Dave Bergstrom uses to measure the decay of a trading ed...
2017-08-18
07 min
Better System Trader
113: How good are your entries and exits... really?
Today, we’re going to have a quick chat about the effectiveness of entries, and a simple technique you can use to determine how good an entry or exit really is. I’ve been working on some breakout strategies lately and I’ve noticed in some of them that the entry really isn’t that important at all… That is, I can be pretty loose with the entry values and get similar results… So there are other components to the strategy that are actually driving the performance. Now, this got me thinking abo...
2017-08-11
03 min
Better System Trader
112: Intraday Trading with Stefano Serafini
Glad you could join us today where we get to chat with Stefano Serafini – the current leader of the World Cup Championship of Futures Trading®* I met Stefano in New York at a trading masterclass a few years back and he’s been doing some great things with his trading. As I mentioned, he’s the current leader of the World Cup Championship of Futures Trading®* Sometimes in these trading competitions you see traders rocket to the top of the leaderboard really quickly, but they usually disappear just as quick. Anyone who’s been...
2017-08-06
35 min
Better System Trader
111: Managing Monte Carlo
As systematic and algorithmic traders, we have a number of tools and processes we can use to test and validate trading strategies. For example, in-sample/out-of-sample testing, walk forward analysis, cluster analysis and a bunch more. (And don’t forget all the fancy named techniques that have been lumped in with Machine Learning that are sometimes just rebadged techniques that have been around for ages already!) Anyway, one of the tools that we have at our disposal is Monte Carlo analysis. When you’re using a tool it can be good to u...
2017-08-04
06 min
Better System Trader
110: George Costanza tip for Traders
T Today I want to share with you one of my favourite Seinfeld episodes ever. It’s the episode where George Costanza realises that all of the decisions and actions he’s taken throughout his life have been the wrong ones. So he decides to do everything the opposite. He’s in the diner with Jerry and Elaine and he sees an attractive woman sitting up at the counter who seems to be interested in what he’s doing, glancing over at him. Instead of sitting back and doing nothing...
2017-07-28
04 min
Better System Trader
109: Adaptive Trading Systems with Brian Miller
The markets are in a constant state of adaptation. Conditions change. Strategies fall in and out of sync with the market, causing periods of good and poor performance. So what can we do to improve consistency by making our systems adapt better to changes in market conditions? Our guest for this episode, Brian Miller, is from Optimized Trading, and in our chat he shares with us: Why implementing adaptability into strategy design is so important and some techniques you can use to create adaptive systems today, Why market classification needs...
2017-07-23
31 min
Better System Trader
108: What Market Breadth can reveal about current market conditions
Over the last few months you may have noticed an increase in the number of articles being published on the internet using Market Breadth to predict which way the stock markets could go next. In fact, I saw one just recently that said the US stock market is set for a parabolic move. Now, as systematic traders I'm sure most of us are not really interested in predicting those types of things... However Market Breadth measures can provide us with additional insights into the underlying conditions in the market that aren’t so ob...
2017-07-21
09 min
Better System Trader
107: Indicators that adapt to changing market conditions
"I think most traders use canned indicators like a stochastic or RSI or MACD, with a fixed length without thinking much about them." - John Ehlers They take the default length, or one that performed well in a backtest, or even one that has been recommended by someone else, and they start trading with it. They may have a good run for a while... And then it falls apart for no explainable reason... The basic problem is that market conditions change, but indicators are fixed and don't adjust to changes in m...
2017-07-14
07 min
Better System Trader
106: Can meditation give traders an edge with Adam Grimes
I have to admit… I’m a bit of a sceptic. However, I’ve had so many people recommend meditation to me in the past. Successful people. People I have a lot of respect for. In fact, some of the previous podcast guests, some big names, have shared with me how powerful meditation has been for them, both personally and for their trading. But it’s not just traders, many successful business people swear by it too. So, what’s all the fuss about? I’m always on...
2017-07-09
35 min
Better System Trader
105: A Dangerous Optimization Assumption
Today I want to share an optimization insight from Perry Kaufman. I was reading an article on a trading website and the author was making some assumptions based on the optimization results which may not have been entirely accurate. I think alot of traders can get caught up making this same assumption... I know I definitely have... And it's good to be reminded of these types of things so we don't make the same mistakes. Listen to Perry explaining what this assumption is, the danger in making it and h...
2017-07-07
08 min
Better System Trader
104: Pulling the trigger in paradise
A few years back I was on a holiday with friends at Hamilton Island in the Whitsundays. We were cruising around the island in a golf buggy when a friend suggests we go to the shooting range. I'd never even touched a gun before but while we were there I decided to shoot a .44 Magnum... 'the most powerful handgun in the world' according to Dirty Harry! Take a listen to hear what happens next and how it applies to trading. Disclaimer: Trading in the financial markets i...
2017-06-30
06 min
Better System Trader
103: A New Responsive Indicator with John Ehlers
Indicators often form a large part of trading systems, however there are a number of issues caused by indicators that can result in under-performing trading strategies, like: they're reactive, instead of predictive, they have alot of lag, which means they're slow to respond to the markets, and they can often give you a signal too late so you’ve already missed some of the move or even a large part of the move! Today we talk to John Ehlers who is going to share with us a brand new indicator he's developed that overcomes alot of these is...
2017-06-26
27 min
Better System Trader
102: Is simple or complex better?
I'm currently in Sydney for a week doing some work, and I'm staying in one of the hotels near circular quay, overlooking Sydney Harbour. I won't share name of the hotel because it's a well-known name, and it's actually a really nice hotel... However I had an experience with them when I was checking in that I wanted to share because I think it has some nice parallels to trading strategies. Take a listen! Disclaimer: Trading in the financial markets involves a substantial risk of loss and is n...
2017-06-23
04 min
Better System Trader
101: Trading price patterns with Brent Penfold
Most trading strategies are built to find repeatable patterns in the market and then attempt to exploit any future occurrences of the pattern to make a profit. There are lots of different ways to find patterns, and in this episode Brent Penfold talks about patterns in price action. Brent is a full time trader, author, educator and licensed Futures Advisor, and in our chat you will learn: Why it can be better to focus primarily on price instead of a collection of indicators, How to identify patterns in price action, The dangers of trading sto...
2017-06-18
35 min
Better System Trader
100: Ask Jack Schwager
Jack Schwager returns to answer all your trading questions. Jack is a well known expert in the industry, working for some of wall streets leading firms and is also one of the founders of FundSeeder. Plus, he's the author of the best-selling series of 'Market Wizards' books, which I'm sure most traders on this earth have read! In this 2nd part of our chat with Jack, he answers all of the trading questions you submitted (well most of them anyway, unfortunately we didn't have all day to talk!) Plus, to celebrate t...
2017-06-11
1h 05
Better System Trader
099: Where to focus for top trading performance
When I was learning to snowboard, I still remember the first time I got off the lift chair, strapped myself in the board and looked down the mountain. It was really overwhelming and I wondered how I was actually going to get down there without any injuries! My instructor was very comforting telling us ‘Not to focus on the bottom of the mountain’, because even though that’s the destination, to get there we were actually going to zig-zag down the mountain. So we needed to focus on the next turn and how we wer...
2017-06-09
09 min
Better System Trader
098: When is a strategy ready for live trading?
It can be really interesting and exciting to research the markets and test different ideas but at some stage we need to decide if the strategy is ready for live trading. Some traders can get stuck endlessly researching… Trying to find that perfect system… Which comes at a cost. How do we avoid getting bogged down in research? How do we know when a trading strategy is actually ready for trading? Let’s listen to Kris Longmore from Robot Wealth explain his approach to determining when a trading strategy is ready for li...
2017-06-02
05 min
Better System Trader
097: Optimization Myths with Jack Schwager
Jack Schwager needs no introduction. He's a well known expert in the industry, working for some of wall streets leading firms. Plus he's the author of the best-selling series of 'Market Wizards' books, which I'm sure most traders on this planet have read! In this chat with Jack we discuss Optimization Myths, referencing some interesting results of a study that analyses the effectiveness of optimization... The results may not be what you expect... And could have a huge impact on the way we test and trade strategies. The...
2017-05-28
26 min
Better System Trader
096: Could you be throwing away good trading strategies?
Did you know there are some situations that can cause traders to throw away perfectly viable trading strategies, without even realizing it? Imagine that! Putting all that hard work and effort into building a trading strategy but due to some arbitrary decision we’re making during the strategy creation process, we throw the strategy away... When it could have been a good trading strategy... So, what could be causing this? And, what’s the solution? Let’s hear Dave Walton from Statistrade explain what this danger actually is so...
2017-05-26
07 min
Better System Trader
095: What makes a successful trader?
Have you ever wondered what exactly is it that makes a trader successful? Is it based on personality? A specific approach to the markets? Pure luck? Dr Brett Steenbarger is a trader and performance coach, and gets heavily involved in the recruitment process for trading firms. He gets to interview traders, see how they work and analyse their performance so he’s in a really great position to make these types of observations. Take a listen to Brett sharing the 3 main components he's observed in successful traders....
2017-05-18
06 min
Better System Trader
094: Cornering the market with Kurt Sakaeda
How many traders do you know that have successfully cornered a market? If you're not familiar with the term 'corner the market', it means to get enough control of a commodity, stock or other asset so that you can manipulate the price. There are a number of documented cases in history where people have tried... ... and it usually doesn't work out too well for them! This weeks podcast guest Kurt Sakaeda has cornered a market, however it was more of an amusing accident that an intentional act. And this...
2017-05-14
43 min
Better System Trader
093: Trading in an emergency
Last week I had to make an emergency trip to the hospital. It highlighted a gap in my trading 'operation' (pardon the pun) so I wanted to share that with you so that you can learn from my mistakes. How will your trading handle an emergency? 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 n...
2017-05-12
04 min
Better System Trader
092: Trading for a Living with Nick Radge
Have you ever dreamed of leaving your day job to trade for a living? Or living a life of freedom - travelling the world or hanging around at home, doing whatever you like during the day while you live off your trading profits? When I first started getting into trading I had this grand vision in my mind of leaving my corporate job, travelling the world, living a life of luxury all supported by my trading profits. It's a common goal for alot of traders, but getting to that stage can be difficult, an...
2017-05-04
34 min
Better System Trader
091: Leveraging Exits with Laurent Bernut
“ When you have a bad entry, you can always work your way around it, but when you have a bad exit, this is final… This is when the P&L gets printed.” – Laurent Bernut Exits have such a dramatic impact on overall strategy performance, so having a full and proper understanding of the best way to leverage exits is absolutely essential. In this episode, Laurent Bernut from Alpha Secure Capital combines his witty sense of humor with his knowledge of exits, to entertain and to also share: How to classify exits and set them to achiev...
2017-04-30
34 min
Better System Trader
090: How to find trading ideas every single day
I recently received an email asking me where all the trading ideas are. I think every episode provides at least 1 idea of value, but one that stands out in my mind was the chat with Rob Hanna in episode 7. In that episode he share loads of trading ideas. But he also goes one step further and explains the technique he uses to find new trading ideas... Every. Single. Day. Using this technique we can find lots of ideas to test too. Take a...
2017-04-28
07 min
Better System Trader
089: Automated trading – ‘Set and forget’ or ‘Forget and regret’?
One of the appeals of automated trading is that it can be automated. You can 'set it and forget it' if you want. However there can be some dangers with doing so. About a year and a half ago I went through a period of being a little bit slack with monitoring my automated strategies and there was one occasion where my 'set it and forget' approach turned into a case of 'forget it and regret it'... ... A stop loss order for one of my strategies had been rejected ... I...
2017-04-21
09 min
Better System Trader
088: Protect and Grow Capital during Corrections with Ivanhoff
Market corrections can be a stressful and challenging time for some traders, but it can also be a time of incredible opportunity. How can we not only protect our trading accounts but also grow our capital even further during market corrections? Our guest for this episode, @Ivanhoff, is author of the book ‘Crash: How to Protect and Grow Capital During Corrections’ and in this episode he's going to share with us: Some of the warning signs a correction could be starting and how to protect your capital during market corrections, The opportunities available in market...
2017-04-16
50 min
Better System Trader
087: What's your risk of ruin?
Earlier this week I was on a flight from LAX back to Melbourne. As we were sitting on the plane waiting for our departure I overheard a flight attendant say to a fellow passenger that one of the other planes had been struck by lightning causing delays to other flights. At the time I didn’t know if a lightning strike on a plane was a bad thing, it sure sounds like something you don’t want to experience, however it got me thinking about the risks of flying. Now admittedly, it’s probabl...
2017-04-14
08 min
Better System Trader
086: Why consider future market conditions?
"Basing your decisions on past data is like driving down the road, looking in the rear-view mirror". For the most part, traders don't know what’s going to happen in the future and never will. In the previous podcast episode, Gary Hart explains how considering future probabilities can be beneficial, suggesting traders “base decisions on the probable future instead of the certain past.” In this episode, we explore this idea further by reviewing a dangerous trading assumption and how traders can better position themselves for future market conditions. Disclaimer: T...
2017-04-07
06 min
Better System Trader
085: Intraday Trading Strategies with Gary Hart
Our guest for the episode is Gary Hart, the founder of Trendfinder Trading Systems, a company offering mechanical intraday and swing trading strategies in futures. Gary has been trading futures for close to two decades now, becoming a member of the NFA and a registered CTA. He's had a number of trading strategies take the top spots in Futures Truth rankings so we’re going to discuss how he builds trading strategies that do that plus we also cover a lot of other aspects of trading, including: The challenges of developing day-trading strategies and how...
2017-04-02
47 min
Better System Trader
084: Handling noisy markets
One of the biggest challenges we face as traders is strategies that either fail or experience a reduction in performance over time. There are a number of possible causes for this, one obviously being changes in the market. In podcast Episode 10, Perry Kaufman discussed the change in the markets and how they've become noisier over time, with an increase in erratic movements up and down. This increase in market noise can have a huge impact on trading strategies and particular trading styles too and we're going to hear a little bit more about...
2017-03-31
07 min
Better System Trader
083: How to get better at anything, faster
Last week I finished reading a book called ‘Peak – Secrets from the new science of expertise’. I wanted to share a concept from that book with you today because it contains a model that has the potential to: accelerate the learning process and dramatically increase our level of expertise in a short amount of time. What trader wouldn't want that? Most people tend to assume that if they keep working on something they will automatically get better at it, but performance scientists have shown that is not necessarily what happens. A lot of...
2017-03-23
13 min
Better System Trader
082: Machine Learning with Kris Longmore
Machine learning has seen a huge amount of growth over recent years with the increase in available data and processing power. It's an incredibly powerful toolset for uncovering patterns and relationships in data, however, these tools can be challenging to learn, apply correctly and are also open to abuse. Our guest for the episode, Kris Longmore from Robot Wealth, specializes in Machine Learning, Algorithmic Trading and Artificial Intelligence. He is the co-founder and Head of Quantitative Research at Quantify Partners and also provides consulting and educational services through his website Robot Wealth. I...
2017-03-19
42 min
Better System Trader
081: Trading the Mean Reversion Curve
One of the main challenges with Mean Reversion trading is when to get into a trade, which can have a huge impact on profit and drawdown levels. How far from the Mean should we wait before considering a trade? PJ Sutherland shares the approach he uses to: Lower drawdowns Reduce the role of luck in trading Produce performance results that more closely resemble backtest results. 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...
2017-03-16
09 min
Better System Trader
080: "My Best Losing Year Ever"
"My best losing year ever" and how traders can become better by learning from drawdowns, losses and other trading challenges. 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.
2017-03-09
14 min
Better System Trader
079: Strategy Validation with Dave Bergstrom
With the toolsets we have available to us today it’s really quite easy to create a trading strategy by just mining market data. As we've just heard in that opening bit of audio and also from previous podcast guests too, if you try enough combinations you can find something that appears to work purely by chance or by luck. The challenge however is trying to identify something that could be sustainable. Something that may persist long enough in the future for us to take advantage of, and hopefully make some money from....
2017-03-05
37 min
Better System Trader
078: Deadly snake face-off
My face-off with a deadly brown snake - what can traders learn? 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.
2017-03-02
05 min
Better System Trader
077: Choosing the right exit
In the previous podcast episode with Larry Tentarelli, we opened up the opportunity to submit questions for Larry and received quite a few pages. Surprisingly, a large portion of the questions were about exits. Why are exits so hot? I actually asked Larry why he thought exits were such a hot topic and he suggested that perhaps exits are an area that people really struggle with. This got me thinking about exits more and I recalled an interesting point that Murray Ruggiero made back in episode 42. I think Murray r...
2017-02-23
07 min
Better System Trader
076: Entries, Exits and Trend Following with Larry Tentarelli
As traders, we can sometimes get tempted into making things more complicated than they need to be. Entries... Exits... Position sizing... Trade management... There are a number of aspects to trading where we get to decide how simple or complicated we really want to make it. Our guest for this episode, Larry Tentarelli, has developed a simple, no nonsense approach to trading and in our chat he shares the trading insights and approaches he's developed over the past 20 years. In this episode Larry shares: Sim...
2017-02-19
47 min
Better System Trader
075: Green Eggs and Traders
Did you know that Dr Seuss wrote the book “Green Eggs and Ham” on a bet that he couldn’t write a book with 50 words or less? That’s right, in 1960, the founder of Random House made a $50 bet with Dr. Seuss that he would not be able to write a book using only 50 different words. Well he accepted the challenge… Creating “Green Eggs and Ham”… And that book has sold more than 200 million copies, making it one of the best-selling childrens books in history! Think that was a fluke? Dr...
2017-02-17
05 min
Better System Trader
074: A deeper understanding of optimization with Andrea Unger
One of the most common uses for optimization is to find the best value or best group of values for a trading strategy, but is this approach only giving us part of the picture? Are there other uses for optimization that we can leverage to create better trading strategies? Today we’re going to have a quick chat with World Cup Trading Champion Andrea Unger, the only trader to ever win the competition 3 years in a row. Andrea has a slightly different view on optimization which we touched upon in a previous podcast epi...
2017-02-10
14 min
Better System Trader
012: Ernest Chan talks quantitative trading, momentum, stop losses, minimising drawdown and maximising returns, automated trading and competing with the big firms
Dr Ernest Chan talks about many aspects of quantitative trading, including how market crises impact momentum strategies and how to manage the impacts, when to use stop-losses and when they don't make sense, automating trading, managing funds in a portfolio of strategies and a simple money management approach which aims to limit drawdowns while maximising returns. Topics discussed Where to find trading ideas The first aspect of a market to identify before building a strategy for it Momentum crashes and the performance of momentum strategies after a financial crisis How to manage the times when momentum s...
2015-06-21
49 min