• iTunes
  • Twitter
  • Facebook
  • Google+
  • Instagram
  • Youtube
  • Email
  • Home
  • Courses
  • eBooks
  • Library
  • ET Club
  • BST LIVE
  • Leasing
  • About
Better System Trader

Better System Trader

Better System Trader is the podcast and blog dedicated to systematic traders, providing practical tips from trading experts around the world.

052 – An ‘unfair trading advantage’ with Tomas Nesnidal

http://traffic.libsyn.com/bettersystemtrader/BetterSystemTrader-Ep52-TomasNesnidal.mp3
Play in New Window|Download

Traders are always looking for an edge and today’s guest shares a simple approach he calls an ‘unfair trading advantage’, that can have a dramatic impact on trading strategy performance.

The guest on this episode has been on the show before, to discuss breakout trading strategies back in Episode 43. In that episde we discussed the steps to building breakout strategies and we even released a breakout strategy toolkit, included an ebook, cheatsheet and EasyLanguage code for 2 breakout trading strategies.

In this episode, our guest Tomas Nesnidal will be sharing a different trading approach, and it’s something he likes to call ‘an unfair trading advantage’.

He’s going to explain to us what it is and why he calls it an ‘unfair advantage.’ It’s something that a lot of traders have probably heard about but perhaps are not aware of how to use it properly or even the positive impact it can have on trading results.

Tomas will explain it in this chat so take a listen!

‘It’s one of the best techniques I’ve ever discovered – Tomas Nesnidal

Click To Tweet

Topics discussed

  • An ‘unfair trading advantage’ all traders should consider for their own trading strategies
  • The technique that most traders have probably heard about but don’t know how to use properly
  • The incredible impacts this technique can have on trading performance

Resources mentioned in this episode

Are you looking for a proven solution to cut drawdowns and significantly improve the performance of your trading strategies?

Get your FREE Market Internals Online Starter Kit NOW before it disappears again.

Share a quote with your trading friends

Very few traders know how to use this technique but it’s very powerful

Click To Tweet

You can literally take a broken system and turn it into a profitable one again

Click To Tweet

I’m surprised how effective it is and how it can help so many areas of trading

Click To Tweet

Transcript

Got A Question, Topic or Guest you want to see on the Podcast?

Do you have a specific question, topic or guest you’d like to see on a future podcast episode?

Click here and submit your suggestion for a chance to have it featured on an upcoming podcast episode.

Subscribe to Better System Trader and never miss another episode!

subscribe-with-itunes-button stitcher soundcloud android

Please support the podcast by giving an honest Rating/Review for the show on iTunes!

Episode Released:

26 June 2016

  • facebook
  • linkedin
  • twitter
  • google+
  • pinterest
  • stumbleupon
051 - Strategy Evaluation with D...
Case study: Can simple Market In...

Related Posts

  • How Christopher slashed drawdowns by 59%
  • 020 – Trading Insights from 50+ years – Larry Williams
  • 136 – Anticipating market action and “pain points” with John Carter
  • 071 – Does that strategy belong here?
  • 109 – Adaptive Trading Systems with Brian Miller

Comments

  1. goldtrader

    June 28, 2016 at 4:44 am

    Well how much credit can have a “trader” that is buying twitter and likedin contacts in for his hard selling “blog” so he can claim he as over 15000 connections etc? Well, buyers of his “unfair trading advantage” be aware and do your research…

    • Andrew Swanscott

      June 28, 2016 at 10:55 am

      Hey goldtrader, I can’t really comment on other peoples social media strategies but happy to talk trading strategies – I’ve done the research and am using market internals in my own trading and I know of others that are too.

      Not sure it would work on gold though, perhaps there is some intermarket relationship there, you would have to do the research.

      Cheers,
      Andrew.

  2. John

    June 28, 2016 at 7:41 am

    I’m generally a big fan of this podcast but this one felt like little more than a commercial for some guy’s holy grail trading system – and I assume eventually fee-based service. It seemed that every answer to any question was “unfair advantage” and “it’s really powerful”. Had about as much depth of exploration as a banner ad.

    Sorry to be negative because I do like this show, but feel like this episode was a big departure from the usual content

    • Andrew Swanscott

      June 28, 2016 at 8:32 am

      Hey John, thanks for listening to the show and for the feedback.

      We have a blog post coming out in a few days which will have more detail, including a simple strategy to compare the impact of market internals on a trading system.

      We’ll provide the strategy rules and the Tradestation code so that may provide a bit more depth to the topic but I get your point and thanks for the feedback!

      Cheers,
      Andrew.

Slash Nasty Drawdowns

Are you looking for a proven solution to CUT DRAWDOWNS and significantly improve the performance of your trading strategies?

milogoweb

Get your FREE Market Internals Online Starter Kit NOW before it disappears again

What pro traders are saying about BST

"Being a trader himself, Andrew drives insightful conversations that uncover gems of practical knowledge that can improve your trading today"

Kris Longmore robotwealth.net

"Professional, to the point and relevant content. Better System Trader should be followed by anyone with an interest in our field."

Andreas Clenow followingthetrend.com

"I get some of my best ideas from listening to other market participants and Better System Trader is a great resource of conversations with trading professionals."

Michael Cook thetradingmasterclass.com

"BetterSystemTrader is an amazing resource of valuable information, Andrew is always able to ask the right question at the right time to deliver the best content possible, a must listen for anybody interested in trading!"

Andrea Unger skilledacademy.com

"What really makes the BST podcast stand out is that Andrew is also an experienced trader and can therefore provide incomparable quality and depth in any interview. Thank you for endless inspiration."

Tomas Nesnidal systemsontheroad.com

"I really enjoy the wide variety of topics and perspectives shared in the podcasts and with the interviews done by someone with real life trading experience"

Tim Rea thetradingmasterclass.com

"This podcast provides unique information, from real traders, interviewed by an experienced trader."

Kevin Davey kjtradingsystems.com

"Andrew has interviewed some great people and I have picked up some useful new insights. His integrity, trading knowledge, light-hearted attitude, curiosity and enthusiasm shine through and enhance each of his podcasts. Given the quality of the information and the price (free!) any serious trader would have to be a fool to not take advantage. Keep it up my friend."

Bob Pardo pardocapital.com

"The Better System Trader podcasts have become an invaluable resource... There's no other podcast around that covers the subject in so much breadth and depth."

Alan Clement helixtrader.com

"Andrew is a master at asking difficult and relevant questions."

Perry Kaufman perrykaufman.com

"Knowledgeable and credible guests talk about useful topics in an interesting and engaging discussion. What's not to like?"

Robert Carver systematicmoney.org

"The key to better system trading is information.  As a system trader himself, Andrew has unique capability of asking insightful questions that extract the skills of each guest."

John Ehlers www.mesasoftware.com

"I really enjoy listening to the Better System Trader podcasts. Even though I am in the industry for over 15 years, there is always something new to learn from these. Thank you!"

Martin Lembak striker.com

"Better System Trader is an invaluable resource that I've gleaned tremendous amounts of information from over the years. I wouldn't be the trader I am today without having found this resource. Please keep up the great work."

David Bergstrom buildalpha.com

"Andrew loves traders and draws the most informative and engaging responses out of them."

Art Collins artcollinstrading.com

"If I had to listen to one trading podcast only, it would be Better System Trader. I am always learning new things and getting research ideas from Andrew’s guests."

Cesar Alvarez alvarezquanttrading.com

"If you have been looking for that little extra nugget to transform your trading, you will find it at Better System Trader."

Laurent Bernut alphasecurecapital.com

Trading stocks, options, futures and forex involves significant risk of loss and is not suitable for everyone. Past performance is not necessarily indicative of future results.

© 2015 Better System Trader · Disclaimer & Terms · Privacy Policy · Sponsor