073 – Combining simple concepts to build robust strategies with Art Collins

I’m excited to be sharing this one with you today for a number of reasons.

Firstly, I’ve been trying to get this guest on the show for over a year now, in fact it’s been longer than that because we first got in touch in July 2015, so it’s been a long time in the making.

But secondly, and more importantly, was for the trading ideas this guests has, particularly the content that he shared in a book on strategy development.

I remember when I first read this book a few years ago it had some interesting ideas on how to develop simple concepts or biases in the markets and combine those into robust trading strategies.

Now I won’t give away too much about that right now because we discuss in the chat but I think that book is still valid today, it was published more than 10 years ago but the concepts introduced in it are still valid today, so you may want to go check it out, I’ll tell you what it is a bit later in the chat.

Anyway, our guest for this episode is Art Collins.

Art’s story is interesting because in his younger days he was an expert card counter in black jack, and he’s translated some of those skills into building robust trading strategies from really simple market concepts.

Not only is Art a trader but he’s published a number of books and magazines articles, he’s done lecturing, both online and offline so I’m sure you’ve seen his name around the place and it’s an honor to have him here on the show today.

In this episode Art shares:

How to combine simple market concepts to create robust trading strategies
The four rules of system development to reduce over-optimization
Simple ways to improve the statistical reliability of our strategies
What traders can learn from Arts experiences being an expert card counter in black jack

With everything you add, you’re making your statistical reliability less.

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