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.
31episodes
Episodes
Newest firstAll episodes
Why Drawdowns Break Traders (And How to Survive Them)
4d ago00:44:07Tap to summarizeEvery trader who has quit trading did so during a drawdown.In this episode of Line Your Own Pockets, we discuss this difficult topic and what you can do now to prepare.Topics include:Drawdowns are psychologically much harder than most traders expectThe biggest pain isn't the money - it's questioning whether your strategy actually has an edgeHaving only one strategy makes your identity more dependent on its successProgrammatic sizing rules help eliminate emotional decision-makingAnd much more...If you've never had a drawdown or aren't planning on having any more, then you can skip this one. :-)Otherwise... ---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 →The Best Trading Ideas We've Shared in 100 Episodes
2w ago00:48:07Tap to summarizeIn this week's episode of Line Your Own Pockets, we reflect on 100 episodes of the podcast. (!!)We compare the most popular episodes by downloads with those we think are most valuable.Michael and I independently came to the episode with a list of 3 episodes we thought were the best.I was shocked when we compared the lists!Whether you're new to the podcast or a veteran of LYOP, this is a good episode to learn which concepts we think are the most valuable to serious 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 →The Fastest Way to Find Your Next Trading Strategy
3w ago00:40:30Tap to summarizeNo description available
Transcribe →Why Your First Trading Strategy Can Hold You Back
4w ago00:43:31Tap to summarizeIn this week's episode of Line Your Own Pockets, we continue the recent series on the mindset of creating new strategies.This time, we focus on branching out from your first profitable strategy, after you've started creating variations of that first one.Topics covered:Why do even successful traders struggle to create a second strategy?Develop new strategies before you need themDaily review is key - it's non-negotiable for meStrategy two is hard, but the benefits of diversification start immediatelyAnd 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 to Add More Trades to Your Strategy
Jun 1500:50:21Tap 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
Jun 800:44:59Tap 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
Jun 100:38:12Tap 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 →