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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.