Better System Trader
How to detect when a strategy is failing - Kevin Davey
updated
Here are some of the topics we discuss:
- Why the big picture is so important in trading,
- How technical analysis can fool traders,
- What are fractals and why they matter,
- Validating market reactions to specific levels,
- The Market Ladder that projects support and resistance levels,
- Using fractals to see the big picture and the simplest fractal pattern there is,
- Pivot points over multiple timeframes and market expectations around pivots,
- Examples of market reactions to pivot points,
- Is it safe to get back into the market?
- Fractals and pivot points on non-index markets,
- Dynamic pivot points vs static pivot points,
- Robustness in old trading ideas,
- And much more!
You can find more from Brent at https://indextrader.com.au
* Timestamps *
00:00 Introduction
01:25 Brents systematic trading background
03:20 Why is the big picture important in trading?
05:40 What are fractals and why they matter
07:00 Example patterns that are fractal
07:50 How technical analysis can fool traders
09:15 How to choose a higher timeframe for big picture
11:10 Validating market reactions to specific levels
14:00 How does “big picture” apply to short term traders?
17:15 The Market Ladder that projects support and resistance levels
26:10 How much data you need to predict price levels
29:00 How to project resistance levels
30:15 Using fractals to see the big picture
35:15 The simplest fractal pattern there is
35:40 Pivot points over multiple timeframes
39:10 Market expectations around pivots
41:55 Examples of market reactions to pivot points
46:10 Is it safe to get back into the market?
52:10 Fractals and pivot points on non-index markets
59:25 Dynamic pivot points
1:03:00 Robustness in old trading ideas
🎓🎓🎓 MORE TRADING EDUCATION & CONTENT FROM BST 🎓🎓🎓
► Better System Trader website: http://bettersystemtrader.com
► The Empowered Traders Club: theempoweredtrader.com
► Interviews With Pro Traders: interviewswithprotraders.com
► 14-day Breakout Challenge: 14daybreakoutstrategychallenge.com
► Breakout Strategy Masterclass: breakoutstrategiesmasterclass.com
► Smashing False Breakouts: smashingfalsebreakouts.com
► Trading Market Internals: tradingmarketinternals.com
► DPS Trading Technique: dpstradingtechnique.com
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Here: youtube.com/watch?v=hNQcNoID77k
Here: youtube.com/watch?v=hNQcNoID77k
MORE TRADING EDUCATION & CONTENT FROM BST
► Better System Trader website: http://bettersystemtrader.com
► The Empowered Traders Club: theempoweredtrader.com
► Interviews With Pro Traders: interviewswithprotraders.com
► 14-day Breakout Challenge: 14daybreakoutstrategychallenge.com
► Breakout Strategy Masterclass: breakoutstrategiesmasterclass.com
► Smashing False Breakouts: smashingfalsebreakouts.com
► Trading Market Internals: tradingmarketinternals.com
► DPS Trading Technique: dpstradingtechnique.com
• Getting better as a strategy builder,
• Challenges building short index strategies,
• Switching between old and new strategies,
• Timeframes for short-term trading strategies,
• Scaling out in volatile sideways markets,
• When the next bear market will begin and the transition from Bull to Bear,
• Trend following over the last few months,
• "V" price movements in the markets,
• Stop & Reverse and small stops in crazy markets,
• Plus doing more of what works, old strategies that do well, algorithmic short selling and much more.
► You can discover more from our guests at:
Kevin: kjtradingsystems.com
Laurent: alphasecurecapital.com
Scott: scottwelshstrategies.com
*** Timestamps ***
00:00 Introduction
01:09 Kevin Davey describes his year in one word
02:45 Getting better as a strategy builder
05:50 Challenges building short index strategies
09:15 Preparing for a bear market
11:15 World Cup Trading championship results
16:05 Switching between old and new strategies
18:10 Timeframes for short-term trading strategies
20:55 Strategies that are strong short and weak long
23:30 How Kevin is preparing for the year head
27:41 Closing words from kevin - trading is tough
29:15 Introduction to Laurent Bernut
30:40 Laurent describes his year in one word
33:25 Trading insights from the past year
36:27 Scaling out in volatile sideways markets
39:31 Algorithmic short selling with Python
43:20 When the next bear market will begin
48:46 Which backtesting platform with Python
50:29 Transitioning from bull to bear
52:02 How Laurent is preparing for the year ahead
57:25 Introduction to Scott Welsh
58:54 Scott describes his year in one word
1:01:33 Trend following over the last few months
1:07:09 "V" price movements in the markets
1:09:54 Stop & Reverse
1:13:02 Small stops in crazy markets
1:17:31 Doing more of what works
1:20:45 Even success is really hard
1:23:05 Old strategies do very well
1:25:39 The legend of purple valley
1:28:15 How Scott is preparing for the year ahead
1:29:35 How to discover more from Scott
🎓🎓🎓 MORE TRADING EDUCATION & CONTENT FROM BST 🎓🎓🎓
► Better System Trader website: http://bettersystemtrader.com
► The Empowered Traders Club: theempoweredtrader.com
► Interviews With Pro Traders: interviewswithprotraders.com
► 14-day Breakout Challenge: 14daybreakoutstrategychallenge.com
► Breakout Strategy Masterclass: breakoutstrategiesmasterclass.com
► Smashing False Breakouts: smashingfalsebreakouts.com
► Trading Market Internals: tradingmarketinternals.com
► DPS Trading Technique: dpstradingtechnique.com
Watch the full trader interview at http://bettersystemtrader.com/176
Watch the full trader interview at http://bettersystemtrader.com/175
Watch the full trader interview at http://bettersystemtrader.com/205
Watch the full trader interview at http://bettersystemtrader.com/192
Watch the full trader interview at http://bettersystemtrader.com/174
Watch the full trader interview at http://bettersystemtrader.com/176
Watch the full trader interview at http://bettersystemtrader.com/205
Watch the full trader interview at http://bettersystemtrader.com/202
Watch the full trader interview at http://bettersystemtrader.com/204
Watch the full trader interview at http://bettersystemtrader.com/203
• Why traders should consider the crypto markets right now,
• The mistakes most traders make with crypto,
• Choosing the best exchanges, data and software for crypto trading,
• Why buy and old is a bad approach to crypto and what you should do instead,
• The types of strategies that work in the crypto markets right now,
• The 3 types of risk in the crypto space (and how to reduce them),
• How to overcome limitations in crypto data, plus
• Regime filters, optimization, stop losses, backtesting, robustness, auto trading, price behaviour and much more.
► You can discover more from Adrian at enlightenedstocktrading.com
*** Timestamps ***
00:00 Introduction
01:20 Trading background
03:08 Why traders should consider the crypto markets right now
04:52 The mistakes most crypto traders make
08:03 Choosing the best crypto exchanges
10:30 Crypto data and software for systematic trading
14:33 Comparing crypto markets with stocks
16:23 Optimization approach for crypto
17:46 Sample size of trading daily bars
19:00 Nuances of crypto trading
21:11 Regimes in crypto markets
22:45 Why strategies need to be nimble
23:53 Trading 'pump and dump' in crypto
25:25 Candle wicks and using stop losses
27:54 Types of strategies that work in the crypto markets
29:10 Using bitcoin as a regime filter
31:40 Crypto futures
33:30 The 3 types of risk in the crypto space
39:12 Filtering out the garbage crypto tokens
42:08 Price behaviour exits and stop losses
45:00 Intraday trading crypto
46:07 Using Turtle trading systems
48:20 Changing approach from stocks to crypto
50:00 Shifts in market dynamics since 2016
51:30 Robustness of simple systems
53:00 Development environment and execution
55:15 How to discover more from Adrian
🎓🎓🎓 MORE TRADING EDUCATION & CONTENT FROM BST 🎓🎓🎓
► Better System Trader website: http://bettersystemtrader.com
► The Empowered Traders Club: theempoweredtrader.com
► Interviews With Pro Traders: interviewswithprotraders.com
► 14-day Breakout Challenge: 14daybreakoutstrategychallenge.com
► Breakout Strategy Masterclass: breakoutstrategiesmasterclass.com
► Smashing False Breakouts: smashingfalsebreakouts.com
► Trading Market Internals: tradingmarketinternals.com
► DPS Trading Technique: dpstradingtechnique.com
Watch the full trader interview at http://bettersystemtrader.com/177
Watch the full trader interview at http://bettersystemtrader.com/204
Watch the full trader interview at http://bettersystemtrader.com/178
Watch the full trader interview at http://bettersystemtrader.com/180
Watch the full trader interview at http://bettersystemtrader.com/203
Watch the full trader interview at http://bettersystemtrader.com/177
• Why it's good to understand a systems logic and will simple systems continue to work,
• How to apply adaptive logic to simple systems,
• Mistakes traders make using seasonals,
• How "seasonal depth" can identify when a market is likely to make a big move,
• Using environmental overlays to adjust position sizing,
• Using VIX to switch strategies on/off,
• Plus, we discuss which is better: diversification of systems or markets?
► You can discover more from David at signaltradinggroup.com
*** Timestamps ***
00:00 Introduction to David trading background
02:50 Research project testing complex strategies
07:15 Example of simple trading strategies
09:31 Will simple systems continue to work
12:07 Why it's good to understand a systems logic
17:45 How to apply adaptive logic to simple systems
23:36 Assessing the results of strategy adaptability
26:15 Robustness testing and checking for curvefitting
29:40 Data used for adaptive overlays
33:15 Mistakes traders make using seasonals
35:05 Using multiple timeframes with seasonals
41:10 How "seasonal depth" can identify when a market is likely to make a big move
44:18 Normalizing for fund allocation
48:28 Using VIX to switch strategies on/off
50:30 Process from basic system to diversified portfolio of adaptive strategies
55:21 Which is better: diversification of systems or markets?
57:15 How to discover move from David
🎓🎓🎓 MORE TRADING EDUCATION & CONTENT FROM BST 🎓🎓🎓
► Better System Trader website: http://bettersystemtrader.com
► The Empowered Traders Club: theempoweredtrader.com
► Interviews With Pro Traders: interviewswithprotraders.com
► 14-day Breakout Challenge: 14daybreakoutstrategychallenge.com
► Breakout Strategy Masterclass: breakoutstrategiesmasterclass.com
► Smashing False Breakouts: smashingfalsebreakouts.com
► Trading Market Internals: tradingmarketinternals.com
► DPS Trading Technique: dpstradingtechnique.com
Watch the full trader interview at http://bettersystemtrader.com/202
Watch the full trader interview at http://bettersystemtrader.com/199
Watch the full trader interview at http://bettersystemtrader.com/200
Watch the full trader interview at http://bettersystemtrader.com/190
Watch the full trader interview at http://bettersystemtrader.com/194
• "Atomic strategies" and knowing when to NOT trade,
• The most toxic period to backtest a strategy,
• Why market behaviours are becoming so predictable,
• How some trading platforms are taking traders down the wrong path,
• Exploring biases caused by recurring events,
• Why traders should think in concepts first,
• Plus, leverage and volatility breakouts, chart patterns, simple tools, knowing the behaviours of market participants, human psyche, market internals and much more.
► You can discover more from Lawrence at daytradingbias.com
*** Timestamps ***
00:00 Introduction to Lawrence and how he got started in trading
04:20 Why market behaviour changes over time
07:13 Impacts of retail participation on markets
09:00 "Atomic strategies" and knowing when to NOT trade
12:15 The most toxic period to backtest a strategy
12:37 How to build more stable trading strategies
13:45 Market classification techniques
14:54 Exploring biases caused by recurring events
18:30 Objectives of market participants that cause patterns
22:40 Why market behaviours are becoming so predictable
25:50 How some trading platforms are taking traders down the wrong path
29:10 Starting with simple trading tools and ideas
31:52 Should algo traders look at charts?
34:06 Leverage and volatility breakouts
37:05 Losing motivation to work on a strategy
40:00 Why traders should think in concepts first, then on numbers
43:15 Trading during news events
45:00 Strategy ideas from chart reading and concepts
47:50 Why traders should read books about human psyche first
51:00 Using market internals to define market context
52:50 How to discover more from Lawrence
🎓🎓🎓 MORE TRADING EDUCATION & CONTENT FROM BST 🎓🎓🎓
► Better System Trader website: http://bettersystemtrader.com
► The Empowered Traders Club: theempoweredtrader.com
► Interviews With Pro Traders: interviewswithprotraders.com
► 14-day Breakout Challenge: 14daybreakoutstrategychallenge.com
► Breakout Strategy Masterclass: breakoutstrategiesmasterclass.com
► Smashing False Breakouts: smashingfalsebreakouts.com
► Trading Market Internals: tradingmarketinternals.com
► DPS Trading Technique: dpstradingtechnique.com
Watch the full trader interview at http://bettersystemtrader.com/195
Watch the full trader interview at http://bettersystemtrader.com/201
Watch the full trader interview at http://bettersystemtrader.com/180
• Why contrarian trading makes sense,
• How to identify crowded trades and why price is not a good contrarian signal,
• What the markets really are and why traders don’t understand it,
• Risk management for contrarian trades,
• Why traders shouldn't care about being right or wrong,
• Plus, COT report, hedgers and speculators, fading the “experts”, trading through news events and much more.
► You can discover more from Jason at crowdedmarketreport.com
*** Timestamps ***
00:00 Introduction
02:35 Trading markets/styles now
03:43 Why contrarian trading makes sense
09:45 Why price is not a good contrarian signal
12:04 How to identify crowded trades
16:48 Risk management for contrarian trades
18:05 COT report, hedgers and speculators
19:16 Patience and discipline in trading
23:15 Why most traders don't understand what the markets really are
28:18 Systematic way to gauge sentiment
31:28 Identifying correlated markets
33:55 Why traders shouldn't care about being right or wrong
36:29 Trading through news events
39:00 Crowded trades in the market today and fading the experts
45:36 How to discover more from Jason
🎓🎓🎓 MORE TRADING EDUCATION & CONTENT FROM BST 🎓🎓🎓
► Better System Trader website: http://bettersystemtrader.com
► The Empowered Traders Club: theempoweredtrader.com
► Interviews With Pro Traders: interviewswithprotraders.com
► 14-day Breakout Challenge: 14daybreakoutstrategychallenge.com
► Breakout Strategy Masterclass: breakoutstrategiesmasterclass.com
► Smashing False Breakouts: smashingfalsebreakouts.com
► Trading Market Internals: tradingmarketinternals.com
► DPS Trading Technique: dpstradingtechnique.com
Watch the full trader interview at http://bettersystemtrader.com/198
Watch the full trader interview at http://bettersystemtrader.com/201
Watch the full trader interview at http://bettersystemtrader.com/196
Watch the full trader interview at http://bettersystemtrader.com/002
Watch the full trader interview at http://bettersystemtrader.com/200
Watch the full trader interview at http://bettersystemtrader.com/047
Watch the full trader interview at http://bettersystemtrader.com/189


