@@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!
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.
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
What was your #1 takeaway from my chat with Scott? Let me know in the comments below.
favourite comment from Scott: "Screw the people who tell you you can't do it."
@@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!
@James Clark hahah, thanks James!
"It works.. because it looses!" :-)
Negative RR works and it does, i make two small trades per day and have added 12% to my account last month no losses.
I have never seen such a happy and cheerful person. This was my #1 favorite on this channel
scott sure is cheerful! :-)
One of your best interviews.
cheers rkatz, glad you enjoyed it
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.
thanks Markus, glad you enjoyed this episode!
Awesome video
Glad you enjoyed it
Scott welsh is the Batman of Algo trading. No super powers just regular trader breaking the rules with discipline and preparation.
Thanks chaps, fantastic trading, tennis and dad jokes.
haha, cheers jw!
Hi Scott! What is your opinion on mean reversion systems? In your experience, are they really profitable?
i like dat guys spirit, taking mental notes
thanks slime
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
great notes Lukasz, thanks for sharing!