Podcast
Line Your Own Pockets
Hosted by Dave Mabe and Michael Nauss · EN
A weekly show for systematic traders who want to make more money from their trading strategies.
27episodes
Episodes
Newest firstAll episodes
How to Add More Trades to Your Strategy
1w ago00:50:21Tap to summarizeIn this week's episode of Line Your Own Pockets, Dave shares the exact steps he took to go from 300 trades a year to 3500 by backtesting and automating his trading system.We discuss:Moving down timeframes to add more tradesHow I added more trades but spent less time tradingHow backtesting changed everything for meMost strategies have more depth than traders realizeAnd much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
Transcribe →From One Profitable Strategy to Two
2w ago00:44:59Tap to summarizeIn this week's episode of Line Your Own Pockets, we take on a listener question from Emmett on how to go from one profitable strategy to two.We discuss:How most traders never get to this point and whyDifferent approaches for strategy two - a variation of strategy one or completely different?It's easier to create a variation of strategy one - start going a mile deep rather than a mile wideWhy a related strategy makes senseHow much should you worry about correlation?And much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
Transcribe →Follow Up on Interview with Garrett Drinon
3w ago00:38:12Tap to summarizeOn this week's episode of Line Your Own Pockets, we reflect on the recent interview with Garrett Drinon from last week.We discuss:Principles of elite performance span across different domainsProcess matters more than outcomesCopying others might work temporarily, being truly unique matters in the long runAdapting to changing markets is a skill you can developAnd much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
Transcribe →Interview with Garrett Drinon, SMB Capital
May 2500:59:01Tap to summarizeNo description available
Transcribe →A Better Way to Get Market Data
May 1800:50:52Tap to summarizeIn this episode of Line Your Own Pockets, Dave shares two new tools to download and manage market data for backtesting and creating profitable trading strategies.Both of these tools are available for free in the Free Tools section of my website. (More free tools coming soon.)Michael and I discuss the motivation for creating these.Topics covered:Traditional IQFeed/AmiBroker backfill workflows can silently corrupt your databaseThe tools use CSV files plus incremental updates for reliability and speedThe Massive/Polygon version automatically includes delisted stocks and splitsAn idea for a reverse split trading strategy using these toolsAnd much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
Transcribe →How Important Are Delisted Symbols to Your Strategy?
May 1100:38:40Tap to summarizeIn this week's episode of Line Your Own Pockets, we discuss the touchy subject of delisted stocks. In this "spirited" discussion, Michael and I agree on the concept of survivorship bias, but disagree on how important it is.Topics covered:What is survivorship bias, and how does it affect trading strategiesWhat types of strategies are more vulnerableWhen it makes sense to include delisted symbols in your backtestDeciding whether including them is a form of "requiring perfect data."And much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
Transcribe →Create Redundancy in your Trading Business
May 400:38:26Tap to summarizeIn this week's episode of Line Your Own Pockets, we discuss adding redundancy to your trading. Outages aren't a matter of if but when.Topics include:Failures will happen eventually - plan for them ahead of timeBroker-side, server-held exit orders (like at IBKR) make this simpleTest your setup before you get forced toRevisit your setup regularly as your trading income grows over timeAnd much more...As mentioned in the podcast, here's an example of an internet router that can use multiple ISPs. ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
Transcribe →How To Choose a Broker for Systematic Trading
Apr 2700:46:36Tap to summarizeNo description available
Transcribe →Interview with Brandon Kaisler from Cesta Capital
Apr 2000:50:22Tap to summarizeIn this week's episode of Line Your Own Pockets, we sit down with Brandon Kaisler of Cesta Capital, a brokerage catering to active short sellers.In a wide-ranging interview, we discuss topics from a broker's perspective, including:How most brokers make money from hidden fees, not commissionsWhy brokers prefer systematic traders (hint, hint)How the market for short locate fees worksHow 24/7 trading will affect your tradingWhether eliminating the pattern day trading rule will help or hurt the marketsAnd much more...This is a rare and honest look at the business side of active trading and what it means for active traders. ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
Transcribe →All About Data for Backtesting
Apr 1300:39:31Tap to summarizeIn this week's episode of Line Your Own Pockets, we discuss market data for backtesting.Topics covered:Data for backtesting is far different (and easier) than for real-time tradingLike "free" commissions, you typically get what you pay for when it comes to market dataChoices come down to whether you need intraday dataAvoid overengineering - no premature optimization!And much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
Transcribe →