3min snip

Better System Trader cover image

182: How to identify high probability markets - David Steets

Better System Trader

NOTE

Customize Indicators for Clear Market Signals

Utilize longer moving averages like 60 and 275 days to avoid whipsaws around the commonly used 50 and 200-day averages. Implement a simple, sensitivity-based approach to volatility and trend indicators. Use golden and death cross signals for long-term timing while pairing them with a visual traffic light system for fundamental analysis. Only trade when fundamentals show strong alignment, indicated by a green light, and exit positions quickly when at least two out of six key indicators signal a downturn. Ensure any new trading strategy offers a discernible edge, ideally at least a 10% improvement over the baseline return probability.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode