51 min listen
004: Nick Radge discusses system design, the best type of trading systems, handling a bear market, measuring performance and the difference between su…
004: Nick Radge discusses system design, the best type of trading systems, handling a bear market, measuring performance and the difference between su…
ratings:
Length:
61 minutes
Released:
Apr 26, 2015
Format:
Podcast episode
Description
In our chat with Nick we discuss system design, the best type of systems to trade, how observations can lead to better strategies, the best way to handle a bear market, measuring system performance, survivorship bias and the difference between successful traders and everyone else. Topics discussed: The trading style most people should try first Systematic ways to determine a trend Why simple systems are the best Why broker consensus is a poor indicator The best type of stocks for trend following strategies What you need to know about a system to be able to handle the drawdown How observations can lead to better strategies Why buy and hold offers average returns and the best approach to handling a bear market How trading can take less than 5 minutes per day Measuring the performance of a system The difference between very successful traders and everyone else The types of survivorship bias that could be ruining your backtest results The warning signs of over-optimisation Coping with drawdown and personal doubts 2 basic strategies you can start testing today! 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.
Released:
Apr 26, 2015
Format:
Podcast episode
Titles in the series (100)
006: Dr Howard Bandy talks about major changes in system development and trade management, handling systems that are out of sync with the markets and much more.: In our chat with Dr Howard Bandy we talk about major changes occurring in the fields of trading system development, trade management and technical analysis. We also discuss why trading is becoming increasingly difficult, what causes trading... by Better System Trader