Line Your Own Pockets

What is a regime filter and is it useful?That's the question we discussed on this episode - Michael and Dave have completely different approaches.Here are links to articles referenced in the episode:Why I Ignore The Overall Market When I TradeWhy I Avoid Overall Market Filters in StrategiesIs The Market Really More Likely To Continue As The Gap Is Bigger?

A listener asks how he can remove 30% of the trades he's taking in his trading strategy that he knows are hurting his results.Are you interested in Backtesting but don't know where to start? Learn the basics with Dave's free email course.

Many traders come to me with a single complaint - I wish I had more time to devote to my trading.It takes me back to my early days when I had the same thoughts!  It wasn't until several years of hindsight that I realized that having limited time for trading... is a good thing.We discuss why that is and how you can turn limited time into a positive force for your trading.Here's the original article we discussed in this episode: Can Limited Time for Trading Be - A Good Thing?Are you interested in Backtesting but don't know where to start? Learn the basics with Dave's free email course.

Dave and Michael discuss several ways to incorporate news into a technical trading strategy.

Dave and Michael discuss the implications of the research from the previous episode. If financial social media is so predictably wrong, how can traders use it?Should they use it at all?

In our first interview for the podcast, we talked with Dr. Seyed Kazempour about his paper called Finfluencers. It's a fascinating paper based on research on StockTwits. The conclusion? The more followers someone has on StockTwits, the worse their market predictions.We discuss the implications of this research for traders.Here's a link to the Finfluencers paper.Here's a link to Dr. Seyed Kazempour's website.

Dave discusses a turning point in his trading career when he realized his trading system wasn't as systematic as he thought. His discretion had drifted over time, changing how he approached trading from that point forward.

How do you decide what to work on next in your trading? How do you know what's likely to actually improve your results? Dave and Michael discuss a framework for prioritizing strategy development work given your limited time and resources.

Dave and Michael discuss their processes for recording trading ideas and the software each of them use.

Dave and Michael discuss their systems for coming up with strategy ideas.  Successful traders aren't born with the ability to come up with good ideas.  They create a process that they follow day in and day out to notice unusual patterns in the markets that can eventually be turned into profitable strategies.