Uploaded February 2024 | Updated September 2026, 3 hours ago
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:
1. 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!),
2. 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,
3. Shorting disasters and how to avoid that one disaster trade that could wipe out your account,
4. A common perception about systematic trading that just isn’t true (and how to overcome it),
5. Plus loads of insights into algo trading, risk management, short selling and valuable lessons from many years of trading.
Next Steps
Hungry for more trading insights? Subscribe to the Better System Trader podcast for more expert tips and strategies to elevate your trading game! 🌟📈
❓Want weekly trading insights, expert interviews, Sunday Summaries and more❓
Join the free Better System Trader newsletter📰: bettersystemtrader.com/newsletter
⭐⭐⭐ Support The Channel ⭐⭐⭐
☕ Buy Me a Coffee: buymeacoffee.com/bettersystemtrader
[0:00] Introduction to Systematic Trading
[2:37] Emotions in Systematic Trading
[6:56] The 'Just Get Out' Philosophy
[15:00] Stop Following the Market
[33:51] Dealing with Short Disasters
[47:25] Wrap-up and Contact Information
🎓🎓🎓 MORE TRADING EDUCATION & CONTENT FROM BST/BTA 🎓🎓🎓
► Better System Trader website: bettersystemtrader.com
► Interviews With Pro Traders: interviewswithprotraders.com
► The Breakout Trading Revolution: thebreakouttradingrevolution.com
► Smashing False Breakouts: smashingfalsebreakouts.com
► Trading Market Internals: tradingmarketinternals.com
► DPS Trading Technique: dpstradingtechnique.com
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:
1. 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!),
2. 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,
3. Shorting disasters and how to avoid that one disaster trade that could wipe out your account,
4. A common perception about systematic trading that just isn’t true (and how to overcome it),
5. Plus loads of insights into algo trading, risk management, short selling and valuable lessons from many years of trading.
Next Steps
Hungry for more trading insights? Subscribe to the Better System Trader podcast for more expert tips and strategies to elevate your trading game! 🌟📈
❓Want weekly trading insights, expert interviews, Sunday Summaries and more❓
Join the free Better System Trader newsletter📰: bettersystemtrader.com/newsletter
⭐⭐⭐ Support The Channel ⭐⭐⭐
☕ Buy Me a Coffee: buymeacoffee.com/bettersystemtrader
[0:00] Introduction to Systematic Trading
[2:37] Emotions in Systematic Trading
[6:56] The 'Just Get Out' Philosophy
[15:00] Stop Following the Market
[33:51] Dealing with Short Disasters
[47:25] Wrap-up and Contact Information
🎓🎓🎓 MORE TRADING EDUCATION & CONTENT FROM BST/BTA 🎓🎓🎓
► Better System Trader website: bettersystemtrader.com
► Interviews With Pro Traders: interviewswithprotraders.com
► The Breakout Trading Revolution: thebreakouttradingrevolution.com
► Smashing False Breakouts: smashingfalsebreakouts.com
► Trading Market Internals: tradingmarketinternals.com
► DPS Trading Technique: dpstradingtechnique.com
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.
![Trading Triumphs - Kevin Davey #2: Drawdowns and Margin Calls
Step into the gripping world of trading with Kevin Davey, a seasoned trader with a tale thatll 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. Kevins story is a rollercoaster of emotions and lessons.
Key Points Youll Discover:
- The Perils of Scale Trading: Kevins 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: Kevins 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.
Next Steps:
Ready to take your trading game up a notch? Hit subscribe for more epic trading stories and tips from the pros. Dont forget to like and comment with your thoughts or questions for Kevin. Happy trading! 📈🚀
❓Want weekly trading insights, expert interviews, Sunday Summaries and more❓
Join the free Better System Trader newsletter📰: https://bettersystemtrader.com/newsletter
⭐⭐⭐ Support The Channel ⭐⭐⭐
☕ Buy Me a Coffee: https://buymeacoffee.com/bettersystemtrader
Chapters:
[0:00] Introduction to Discussion with Kevin Davey
[0:45] Defining Moment: Meeting Repeated Margin Calls
[1:15] Kevins Trading Strategy and Challenges
[6:39] Doubts About the Strategy and Turning Point
[11:04] Lessons Learned from Big Drawdowns
[15:10] Advice for Handling Large Drawdowns
[18:18] Reflections and Future Trading Strategies
🎓🎓🎓 MORE TRADING EDUCATION & CONTENT FROM BST/BTA 🎓🎓🎓
► Better System Trader website: https://bettersystemtrader.com
► Interviews With Pro Traders: https://interviewswithprotraders.com
► The Breakout Trading Revolution: https://thebreakouttradingrevolution.com
► Smashing False Breakouts: https://smashingfalsebreakouts.com
► Trading Market Internals: https://tradingmarketinternals.com
► DPS Trading Technique: https://dpstradingtechnique.com
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. Trading Triumphs - Kevin Davey #2: Drawdowns and Margin Calls](https://i.ytimg.com/vi/F_mpDPyXQa8/mqdefault.jpg)









