All Episodes
Displaying 31 - 60 of 111 in total
Curve Fitting is Easy to Avoid
If you've ever wondered if you're curve fitting with your trading strategy, this episode is for you. We discuss: Curve fitting is a continuum, not a binary yes/no cond...
How to Grow Your Column Library
Michael and I discuss how to think about improving your column library over time. We discuss: How your column library is like a shared software library: build once, re...
Qualities that Predict a Profitable Trader
Topics discussed: Profitable traders don't follow the crowd - or any particular trading guru Healthy attitude towards trading and risk Making great trades is the goal ...
Should You Use Python for Backtesting?
We discuss: Python is a great general-purpose language, but that's what makes it a bad choice for backtesting Iterating on your strategies is the critical piece - anyt...
Amibroker: The Adventure Continues
Topics include: Batteries Data Not Included - the best way to get data into Amibroker The code that adds custom columns in Amibroker is resource-intensive Quirks with ...
How Discretionary Traders Can Add Automated Strategies
We go over: How "visual" backtesting is not real backtesting Discretionary traders try to replace what they're doing with automation - but that's wrong How to create a...
Next Steps with Amibroker
Dave continues helping Michael create a first backtest in Amibroker. You might think "backtesting is backtesting," but we cover many of the differences between RealTes...
Getting Started with Amibroker
Dave offers advice and feedback to Michael, who is learning to use Amibroker for the first time. He's coming from RealTest, so we go over the similarities and differen...
How To Run Your Trading Like a Franchise Business
We discuss the actual nuts and bolts of what running your trading like a franchise means: Systematize everything A process for eliminating low-value work What makes se...
The ICE Method for Prioritizing Strategies
As traders gain experience, the problem shifts from not having enough ideas to having too many ideas competing for limited time and mental energy. Without a system, th...
How Much Does Speed Matter in Trading?
In this week's episode of Line Your Own Pockets, we take on a topic submitted by Isaac, a trader I work with. We discuss: When timing/speed matters and when it doesn't...
Portfolio Level Backtesting - Useful or Waste of Time?
We butt heads in this episode, arguing about the value of portfolio-level backtesting, one of the key feature differences between RealTest and Amibroker. Is portfolio-...
How Often Should You Re-Optimize?
We discuss: How to optimize so you have to re-optimize as little as possible How better columns directly translate into more robust strategies Hold a rule "in reserve"...
Is Moving Your Stop To Breakeven a Mistake?
We discuss: Similar to taking partial profits, moving a stop to breakeven is more about psychological comfort Profitable trading requires tolerating discomfort, as dif...
You Missed a Trade - Now What?
You didn't get a fill on your original entry. The trade would have been profitable for a bit, then it comes back to your original entry price. Do you take the trade?...
NASDAQ's Announcement on Tokenization of Stocks
Michael and Dave discuss NASDAQ's initiative to tokenize all securities and the implications for traders. They discuss: What tokenization is and what that means for eq...
Stopped Out by a Penny? Good.
We've got news for you - there's nobody who cares enough about your stops to go "hunting for them." And getting stopped out by a penny is frustrating, but it's actuall...
Is Trading Gambling?
In this episode, we tackle this popular question. Dave polled several traders he coaches and got some surprising answers. How much is trading like, say, poker, or some...
Using Alternative Data in a Backtest
In this episode, we discuss the best way to use alternative data in your backtest. What is alternative data and how can you use it in a strategy? Examples of alternati...
A Different Way to Go Live
In this episode, Dave discusses a conversation he had with John M. from SMB Trading and his unique approach to taking a strategy live. We discuss: John's 35+ strategie...
Follow Up On Quant/Discretionary Collaboration
Follow-up discussion on quant and discretionary trader collaboration. We discuss: How Dave first connected with Bella The cultural DNA of SMB Capital The challenges of...
Mike Bellafiore and Nick Coutrakon from SMB Capital on Trading Teams
Mike Bellafiore and Nick Coutrakon join the podcast to continue a discussion Mike had with Dave on the makeup of trading teams at SMB Capital, a proprietary trading fi...
Baby Steps Towards Automating Your Trades
Are you a profitable trader but hesitant to automate your trades? In this episode, we discuss multiple steps to take towards having a computer make trades without full...
Which Version of This Strategy Is Best?
We discuss 4 different variations of a strategy that Dave is deciding between and the thought process for doing so.
Choosing a Trading Computer
Lessons learned from buying a new trading computer.
How to Trade When Traveling
Remote desktop solution mentioned: RustDesk TailScale
Running Out of Buying Power - Part 2
More discussion on buying power and running out of it might be a good thing.
Running Out of Buying Power - A Good Thing?
Is running out of buying power... actually good? Here's the graph of buying power mentioned in the episode: Is Running Out of Buying Power A Good Thing?