“Breaking the rules for higher returns” - Scott Welsh

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  • Опубліковано 29 гру 2024

КОМЕНТАРІ • 22

  • @BetterSystemTraderPodcast
    @BetterSystemTraderPodcast  3 роки тому

    What was your #1 takeaway from my chat with Scott? Let me know in the comments below.

    • @BetterSystemTraderPodcast
      @BetterSystemTraderPodcast  3 роки тому +2

      favourite comment from Scott: "Screw the people who tell you you can't do it."

    • @jamesclark7461
      @jamesclark7461 3 роки тому +1

      @@BetterSystemTraderPodcast "Even in the name it's overbought...implies you got to get out." I like the Buying Interest indicator. Andrew, you should do an article for Stocks & Commodities!

    • @BetterSystemTraderPodcast
      @BetterSystemTraderPodcast  3 роки тому

      @James Clark hahah, thanks James!

    • @balsecoincryptobull2860
      @balsecoincryptobull2860 3 роки тому

      "It works.. because it looses!" :-)

    • @zamiadams4343
      @zamiadams4343 Рік тому +1

      Negative RR works and it does, i make two small trades per day and have added 12% to my account last month no losses.

  • @jack_sparrow1049
    @jack_sparrow1049 3 роки тому +2

    I have never seen such a happy and cheerful person. This was my #1 favorite on this channel

  • @rkatz0
    @rkatz0 3 роки тому +10

    One of your best interviews.

  • @tradermarkus
    @tradermarkus 3 роки тому +1

    Fun episode, good listen! For a change it's relaxing to hear that someone does what works without being too tied up with bias theories etc. Been practicing discipline myself so much that can't even think of breaking any rules lol.

  • @Gregory-ud6zq
    @Gregory-ud6zq Рік тому +2

    Awesome video

  • @eliremy6979
    @eliremy6979 2 роки тому +1

    Scott welsh is the Batman of Algo trading. No super powers just regular trader breaking the rules with discipline and preparation.

  • @jmoz
    @jmoz 3 роки тому

    Thanks chaps, fantastic trading, tennis and dad jokes.

  • @adokoka
    @adokoka 3 роки тому

    Hi Scott! What is your opinion on mean reversion systems? In your experience, are they really profitable?

  • @xx1slimeball
    @xx1slimeball 3 роки тому

    i like dat guys spirit, taking mental notes

  • @LukaszAdams
    @LukaszAdams 2 роки тому +1

    MY notes from this interview:
    - money menagment is very important
    - if match say you this wont work dont do this do what math say this will work (about stats your strategy)
    - trend trading systems got 40% win if good 50%
    - backtest is worst then real data results
    - if very smart people use match to make indicators why you dont try use them>?
    - dont trade every 21 currency pair that same becose they are not that same
    - got stars in your portfilio only the best instruments what work the best with your strategy
    - jpy pairs are trending start from this
    - they are better ways to make money from buy and hold