Markets aren’t always on our side. In fact, at any moment, they can turn on you. And right now, we’re seeing a lot of panic in the markets. The question is, how ready are you? And more importantly, how protected is your account? Do you watch your trading account flush down the drain and get completely wiped out? Or do you have systems in place to protect it and thrive? The good news is that you don’t EVER have to be part of the first group. In today’s podcast, we discuss what we can do to protect our accounts in times of market stress. Here’s what you’ll discover: The risks of trading in troubled markets, and how you can take advantage of them to create more trading opportunities, What you can do right now to make sure your trading account survives for the long haul, What risk management techniques you can apply to your account to save yourself an enormous amount of money and pain, The best approach you could apply in any kind of market stress, The benefits of trading futures markets compared to stocks, Plus, much more. Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Better Trader Academy Trading Podcast

Episode 035: How to protect your account in times of market stress

People that want to become successful traders tend to start their journey the wrong way. Many will follow a ‘corporate-like’ path, thinking this is how to find the answers about successful trading, however... I’ve been a trader for 12 years and let me tell you…THAT is not the case. There’s only ONE way you can build a successful trading career. And in this new podcast, I’ll share exactly that!  Here’s what you’ll discover: How you can build a REAL trading career and become financially independent, What NOT to do if you want to become a serious trader, How much you need to start with to build a small portfolio, and how to grow from there, How your friends and family can improve your trading and your profits, And how you can leverage your know-how to grow your profits even more. Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Episode 034: How (not) to start your trading career

Launching a new trading strategy can be tricky. Sometimes even the most obvious moment can come with painful consequences. Unfortunately, I had to learn the hard way...  But now I’ve got some good experience on how to time the launch of a new trading strategy properly. (Because, in trading, EVERYTHING is about the right timing).  In this new podcast episode, I share some valuable tips to stop you from making the same amateur mistakes, so you don’t have to suffer the same painful consequences I did. Here’s what you’ll find in this episode: The very worst moment to launch a new trading strategy (do this and your trading will suffer!), The mistakes I had to go through, so you don’t have to, The approach we use to launch new trading strategies and portfolios in our hedge fund and why you should consider using the same approach, How sometimes the most counterintuitive approaches can be the best, And how your psychological state can influence your trading performance. Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Episode 033: The WORST time to launch a new trading strategy

Everyone wants more profits.  And they want it faster. That includes me, you and all the other traders out there. There are some really great approaches to speeding up the growth of your portfolio. Some work ok, and some work better than others. The technique I’m going to share with you today has been doing real magic for me. For years. We use it heavily in our hedge fund too.  But it’ll probably be very NEW to you, so make sure you listen to this podcast episode. Here’s what you’ll discover: My proprietary trading secret to growing your trading business faster and more efficiently, Vertical scaling versus horizontal scaling, How quickly you should be scaling up, My key approach to a continuously smooth equity curve, What you should be focusing on first when scaling up your business. Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Episode 032: Are you scaling your business to its full potential?

Strategy validation is a crucial part of live trading. Get it wrong and the results can be disastrous. Traders rely on various techniques to validate strategies, including out of sample testing, but how do we know if the approaches we’re using are even valid? In today’s podcast episode we discuss a series of questions submitted by trader Sam. Sam raises a number of interesting points about out of sample testing that all traders need to consider, including: How much out of sample data is sufficient to identify a stable relationship, How do you know that what worked in Out of Sample testing will continue to work, Is it even possible to avoid curve-fitting, Why you should NEVER use trading techniques as crutches, Plus much more. Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Episode 031: Is your out of sample testing even valid?

If I asked you today: Can you see yourself flying on a private jet in 12 to 24 months? What would you reply? Could you see yourself in that position in a year from now? From my personal experience, a lot of traders will say ‘No WAY’. They’ll completely shut down the idea and intention of visualizing their near-term future. But as a matter of fact, visualizing your 1 to 2-year goals is what may actually help you get there faster. And I’m living proof of it. But it’s not just me. Top performers and athletes all around the world are using these techniques to succeed. So, if you want to become an Algo-millionaire, you have to start thinking and visualizing like you are one already. And how do you do it exactly? That’s the topic of today’s podcast, where we discuss the techniques that could help you experience tremendous progress in your trading, even in a very reasonable amount of time. Here’s what you’ll discover: Why it’s so hard for traders to visualize their near-term results, How our subconscious mind prevents us from moving in the right direction, How emotional visualization pushes traders to a whole new level of achievement, How to successfully practice emotional visualization, And much more! Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Episode 030: How to think like an Algo-millionaire

Who wants more free time to do the things they enjoy the most? To live the life of our dreams and not have to eat, breath and sleep work? I’m sure we all do, but how can we do that and still make money at the same time? No… the answer is not the cliché ‘work harder’... The answer is to work SMARTER. Luckily, we’re in an era where we can leverage technology so that the majority of our work can be done for us - we just need to set up the process and then we can go enjoy life while the computer does the work for us! But where do we even start and how can we do it? Great question and today’s podcast gives you all the answers. Here’s what you’ll discover: How Automation can give you the life of your dreams, How much of the trading process you can automate and what you should start with, The do’s and don’ts of automation, to prevent you from pouring years of profit down the drain, Where you can learn how to develop good, sound trading models to use as a strong foundation for automation, Plus, much more!   So go listen to it now. Be smart and automate!

Episode 029: Automate to grow rich

Can you believe 2018 is gone, just like that? Yep! And what a year it has been… A lot was achieved, and a lot was learned. Now, like for any other year, it’s crucial to reflect on where you were the most and least successful in 2018. It’ll make your 2019 goals a lot more REALISTIC and allow you to really focus on what can be improved. So, join us in this podcast while we go back in time through the year of 2018 and reveal what we learned, achieved and can improve upon, and what you need to know to be ready for 2019! Here’s what you’ll discover: Tomas’s and Andrew’s biggest trading lessons of 2018, and how they’re applying them to their new year’s goals, What you need to know about the markets before embarking on your trading projects for 2019, How you can be better prepared for a future market crisis, What you can implement in your trading that could help you predict your moves and avoid nasty ones, And much more. Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Episode 028: 2019 is here and we’re ready to smash it

Shiva is a guy like you. He loves trading. He’s success driven. He’s smart. And he’s very passionate about what he does. And he has definitely been one of the most progressive students of the Breakout Strategies Masterclass. He enrolled in the masterclass just 6 months ago, but since then he has already developed and started trading his first breakout portfolio LIVE. Let me repeat that: With the help of the Breakout Masterclass, he has launched his very first breakout portfolio in just 6 months. Something, you can easily do in 2019 too. Imagine how much further ahead you can be just 6 months from now. Trading your breakout portfolio live and enjoying what you really like doing. Like Shiva. And to discover more about Shiva’s story, we’ve recorded an amazing, highly inspiring podcast episode with him.  In this episode, you’ll discover: Why Shiva decided to become a trader and the intriguing reason why trading is to him a better profession than anything else, How Shiva extensively tested the Breakout Strategies Masterclass framework first - to know his money was well invested and that the framework actually works (and his conclusion from the testing), What were his next steps after gaining full confidence in the Breakout Strategies Masterclass and what markets, timeframes and personal nuances he decided to use to build his first portfolio, How many strategies he has built with the Masterclass so far and how many he launched his first portfolio with, His first results with live trading, And much more. Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Episode 027: Success Story #5 - How Breakout Masterclass student launched his portfolio in just 6 months

Handling drawdowns and losing streaks is one of the biggest challenges traders face. We say (or think) that we’re ready for them, and that we know what our tolerance is and can handle them… but problems can arise quickly. Traders often underestimate how long, painful and frustrating drawdowns can actually be. They can leave us devastated for months… Or even completely break us… But believe it or not, drawdowns can actually be a good thing. How? In this podcast episode, we discuss drawdowns, how to prepare for them, how to manage them and how to become a better trader because of them. Here’s what you’ll discover: Why nobody is really ever ready for drawdowns even if they think they are, The number #1 exercise to get psychologically ready for drawdowns before they actually happen, Why very rational people, especially, should not ignore this key exercise, The hidden benefits of going through actual drawdowns and how they can make you a better trader, How your trading journey should be a constant self-optimization process, And more additional techniques to minimize and manage drawdowns. Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Episode 026: Why you should love your drawdowns

It’s no secret that trading comes with its own challenges and obstacles. But as for any other worthwhile endeavour, perseverance and persistence is often the key to success. On today’s podcast, we have Jim, a retired currency trader, who’s a great example of this mantra. Jim took an interest in automated trading as a way to solve a lot of the issues he had with discretionary trading. He started developing automated strategies but was faced with the challenge of trying to build enough diversified systems in a reasonable amount of time. And then one day he made a key discovery, and the rest is history... He has now achieved a fully automated system of generating strategies, along with more than 70 robustness level 3 strategies, and is now building his first portfolio. Stay tuned to listen to Jim’s story and how his persistence paid off! Here’s what you’ll discover: How Jim went from discretionary currency trader to automated algo trader in such a short amount of time, The key discovery that accelerated Jim's progress in the algorithmic trading world and how you can leverage it too, The importance of persistence in trading and how to achieve extraordinary results fast, Jim’s advice for a successful trading journey, And much more. Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Episode 025: Success story #4 - Persistence pays off for retired currency trader

Most traders love “tinkering”. We’re always looking for the next problem to fix, the next idea to try out, the next thing to learn and tweak. In our trading journeys, we can become obsessed with understanding every single detail that a lot of the time has no relevance to our progress. We can become so occupied with artificial problems that we’re not making space for what truly matters… live trading! It's great to be curious and keep wanting to learn, but when it starts delaying our progress it can become extremely DANGEROUS to our trading success. In this podcast episode, here’s what you’ll discover: The #1 reason why traders can’t relax and keep making mistakes prematurely, How not taking the time to take a step back and observe could damage your trading, How social conditioning is leading you to have the wrong trading mindset, How to find the balance between “doing” and “relaxing”, And much more! Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Episode 024: How not doing anything can be the most profitable strategy

Have you ever wondered why there are so many losing traders? You can have all of the know-how, the best techniques, the best software… … You can even be the smartest person on the planet. But still not achieve the success you’re looking for. In today’s podcast, we talk about what’s holding traders back from achieving their full potential. Here’s what you’ll discover: The key reason why many traders can get stuck and stop moving forward, How the misalignment between your conscious desires and subconscious mind can postpone your trading success, Why ‘feeling the fear’ of live trading can be a good thing, How focussing on the wrong tasks can kill your trading, An extreme technique to become psychologically invincible, Why “feel the fear and do it anyway” should become your new mantra. Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Episode 023: Feel the fear but do it anyway

A couple of weeks ago we shared a podcast about Dynamic Position Sizing (DPS). After that episode, we received an interesting comment from BTA podcast listener Paul (thanks Paul!), which we believe could bring more clarity to other traders as well. Paul is a trend follower who’s been trading for about 2 years. He’s figured out that varying his position sizing can be a good way to improve his results. So, he started applying position sizing to his trading, betting more on trades he thinks have a higher chance of being profitable. Sounds good right? Well… it depends... Even though Paul seems to have found a way to improve his results using position sizing, he could potentially be applying a very dangerous concept that is far from DPS. Something that can bring traders a lot of pain and frustration. What is it? In this podcast episode we discuss Paul's comments, plus a whole lot more, including: What is DPS and how to correctly use it in your trading to improve your profits, How this particular position sizing technique can ruin your capital very quickly, Why you shouldn’t remove a lower probability trade from your trading system, The tool you should be using to predict your most realistic worst-case scenario, And much more! Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Episode 022: Listener question - “Isn’t DPS something traders already do?”

A lot of traders think of performance in terms of the dollars they’ve made or lost. But knowing how to effectively measure trading strategies, portfolios and overall trading performance is key to long-term success. The overwhelming number of statistics available in backtesting software these days is incredible, but… Most of it doesn't actually matter. So, how do you separate what’s important from what’s not? In today’s episode, we share the most important metrics we’ve used over the years to assess strategy and portfolio performance. Here’s what you’ll discover: The 2 main types of trading metrics you need to be aware of, Which trading metrics you should always keep in mind and which ones you can ignore, How to accurately measure strategy/portfolio performance, How SQN is often misunderstood by traders and how to apply it to strategies correctly, Why daily correlations can give inaccurate results and what to measure instead, How assessing system versus portfolio metrics requires two very different mindsets. Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

Episode 021: The most important trading metrics

Welcome to the Better Trader Academy podcast, where truly passionate algorithmic trading specialists share trading tips and techniques they’ve picked up over many years of hard work and successful trading. On this show you’ll hear practical trading techniques that actually work. Techniques that are backed by research, testing and live trading. Techniques for algorithmic traders of all levels, from beginner to advanced, retail trader to hedge fund manager. If that’s you, and you’re a trader with real drive, always striving to do better, then you’ve come to the right place. Click to play now.

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Better Trader Academy Trading Podcast

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