Better System Trader is the podcast and blog dedicated to systematic traders, providing practical tips from trading experts around the world.
As traders, we can sometimes get tempted into making things more complicated than they need to be. Entries… Exits… Position sizing… Trade management… There are a number of aspects to trading where we get to decide how simple or complicated we really want to make it. Our guest for this episode, Larry Tentarelli, has developed a simple,…
Did you know that Dr Seuss wrote the book “Green Eggs and Ham” on a bet that he couldn’t write a book with 50 words or less? That’s right, in 1960, the founder of Random House made a $50 bet with Dr. Seuss that he would not be able to write a book using only…
One of the most common uses of optimization is to find the “best” values for a trading strategy, but is this approach only giving us part of the picture? Are there other uses for optimization that we can leverage to create better trading strategies? Today we’re going to have a quick chat with World Cup Trading…
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…
Let me tell you a story. It’s a tale of two lumberjacks. These two lumberjacks were the finest in the land but they were always arguing about who was the best. One day they decided they had to settle this once and for all with the ultimate competition- whoever chopped the most wood from sunrise to…
Hey there and welcome to another episode of Thursday trading thoughts, thanks for joining us. I just like to start by wishing all the Aussies out there a happy Australia Day, I hope you’re all having an awesome day. And everyone else too of course! This episode is going to have an Australian theme. I…
Risk Management… It’s not as sexy as the latest hot indicator… Or the undiscovered penny stock poised for an explosive move… Or the trading guru who appeared out of nowhere and is now promising to share the “secrets” to making million dollar profits overnight… But there are a whole host of risks that have the potential…
Welcome to the 3rd edition of “Thursdays Trading Thought”. Today we have a quick chat about technology and in particular Blockchain. Yes, Blockchain has been around for a few years now but we’re really seeing more and more of it in the news lately, and there has been a lot of hype about the potential applications of…
Welcome to the 2nd edition of “Thursdays Trading Thought”. I’d just like to start by saying thank you to everyone who responded to last week’s episode, it was great to hear insights other people received from watching the movie Sully, especially from Scott who raised some really interesting points about back testing and curve fitting…
The guest for this episode is Jack Vogel from Alpha Architect, a quantitative asset management and consulting firm. Jack has published a number of papers on SSRN and also co-authored a couple of books including “Quantitative Momentum: a practitioners guide to building a momentum-based stock selection system”. In our chat with Jack you will hear: Momentum…
Hi, I’d just like to start by saying Happy New Year! I hope you’ve had a great holiday season and I wish you all the best for 2017! You may be wondering what this episode is about, since it’s outside of my usual podcast schedule so let me explain. Get to the point already! A…
So here it is: The Top 10 Trading Lessons for 2016! I have to admit, creating this list was really fun. Not only because I got to look back and remember all of the great episodes we released and the knowledge that these fantastic guests shared with us, but also because I had the chance to think…
As markets become more mature and more efficient, it can be become increasingly difficult to find sustainable edges. Many traders are looking at the same data and using the same techniques, so what are our options here? 2 of the obvious options we have are: Try to find a unique approach to the markets or at…
Most trading strategies have an optimal type of market condition where they work at their absolute best, so having an understanding of market conditions and being able to detect and adapt to them can really have a huge impact on trading performance. But how can we measure market regimes properly? What techniques can we use…
