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.
24episodes
Episodes
Newest firstAll episodes
Interview with Garrett Drinon, SMB Capital
1w ago00:59:21Tap to summarizeNo description available
Transcribe →A Better Way to Get Market Data
2w ago00:51:11Tap 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?
3w ago00:38:59Tap 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 400:38:45Tap 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 2700:46:56Tap to summarizeNo description available
Transcribe →Interview with Brandon Kaisler from Cesta Capital
Apr 2000:50:42Tap 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 1300:39:51Tap 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 →Interview with Trent Smalley from DTN/IQFeed
Apr 600:54:14Tap to summarizeIn this week's episode of Line Your Own Pockets, we interview Trent Smalley with DTN and IQFeed.We discuss:Why it makes sense for traders to pay for market data when brokers offer it for freeWhere bad ticks you see in your charts actually come fromWhat happens to market data before it hits your feedWhen you know you're ready to upgrade to a high quality feedAnd 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 →Using AI Agents for Strategies Part 3
Mar 3000:50:13Tap to summarizeIn this week's episode of Line Your Own Pockets, we continue the discussion of using AI agents for strategy creation gruntwork.Topics discussed:Delegation skills are important - the more specific, the betterHow Dave's approach differs from Michael's regarding Claude useHow to implement "unit tests" for your trading strategyDevelopers always want to build - here's why you shouldn'tStarting points for developersMuch more...I think this was the best one yet on AI. ---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 →Using AI Agents for Trading Strategies Part 2
Mar 2300:42:10Tap to summarizeWe continue last week's discussion on using Claude and OpenClaw to automate strategy creation.We touch on:How to get AI to do the grunt work so you can be the CEO of your tradingWhy Michael switched from OpenClaw to Claude CodeTeaching Claude to automate Amibroker (hint: point it here)How giving Claude Prop Firm constraints helped focus its workAuditing its work is critically important - the more you understand, the betterMuch more, including the next steps of using the Cruncher in this process... ---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 →