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.
34episodes
Episodes
Newest firstAll episodes
Using AI Agents to Backtest Strategy Ideas
Mar 1600:34:55Tap to summarizeIn this week's episode of Line Your Own Pockets, we discuss Michael's project for having OpenClaw create and run backtests from his list of research ideas for trading strategies.His agents have created over 200 backtestsHow they've primed the backtests to be used in the Strategy CruncherSOPs (Standard Operating Procedures) have paved the way for this workflowAI as a research assistant/intern for your trading businessAnd 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 →Strategies for Small Accounts
Mar 900:40:31Tap to summarizeWe cover:Making mistakes early when they're relatively cheapFocus on scaling wide versus scaling upLearn R-multiples - it normalizes your performance as your account growsBecome the best in the world at a very specific strategy (it's not as hard as you think!)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 →How to Trade with a Small Account
Mar 200:46:16Tap to summarizeIn this week's episode of Line Your Own Pockets, we discuss trading with a small account.Topics discussed:Don't wait until you have "enough" money to start learningHow trading with a small account is an advantageFunding options: an overview of the prop trading landscapeNo matter how big your account is, your trading strategy is paramount - focus on thatLessons learned at this stage will be valuable to your trading foreverAnd much more... including my rant about a trading mistake I made just before we recorded this. ---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 →Curve Fitting is Easy to Avoid
Feb 2300:36:19Tap to summarizeIf 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 conditionEvery strategy has a little bit of curve fittingLet's say you wanted to maximize curve fitting. What would you do?Easy ways to avoid curve fittingAnd 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 Grow Your Column Library
Feb 1600:48:05Tap to summarizeMichael 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, reuse everywhereContinuous variables are better than binary variables (e.g. Above/below a moving average)The MACDV case study - MACD normalized by ATRHow intra-trade columns allow testing multiple concepts with a single backtestAnd much more...Here's a link to the previous episode mentioned: The Key to Backtesting - Your Library of Columns ---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 →Qualities that Predict a Profitable Trader
Feb 900:46:53Tap to summarizeTopics discussed:Profitable traders don't follow the crowd - or any particular trading guruHealthy attitude towards trading and riskMaking great trades is the goal - ironically, the money is almost secondaryDay trading is key (don't believe me? Just do the math)Automation is a massive trading edgeMuch 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 →Should You Use Python for Backtesting?
Feb 200:36:10Tap to summarizeWe discuss:Python is a great general-purpose language, but that's what makes it a bad choice for backtestingIterating on your strategies is the critical piece - anything that makes that more complex will make things more difficultIn a world of LLMs, the argument for using Python for everything makes less senseChoose your tools based on profit potential, not because "I like Python and am good at it."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 →Amibroker: The Adventure Continues
Jan 2600:46:10Tap to summarizeTopics include:Batteries Data Not Included - the best way to get data into AmibrokerThe code that adds custom columns in Amibroker is resource-intensiveQuirks with databases in AmibrokerYour computer hardware matters with Amibroker (get more RAM)Dave's hardware specs for his backtesting computer. ---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 Discretionary Traders Can Add Automated Strategies
Jan 1900:34:01Tap to summarizeWe go over:How "visual" backtesting is not real backtestingDiscretionary traders try to replace what they're doing with automation - but that's wrongHow to create a completely new strategy from the ground up to be automatedHow to build your "idea noticing" muscleMuch more.Here's the book mentioned in the show: The Art of Noticing ---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 →Next Steps with Amibroker
Jan 1200:46:59Tap to summarizeDave continues helping Michael create a first backtest in Amibroker. You might think "backtesting is backtesting," but we cover many of the differences between RealTest and Amibroker, as well as their implications.We discuss:What makes AI so bad at generating good AFL code for a backtest in AmibrokerThe better you get at understanding how AFL works, the better your use of AI getsHow a column library makes all the difference in creating P&LQuick backtests can promote bad habitsAnd much more...Dave also announces the new MabeKit AFL Generator tool. ---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!
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