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  • 3 years ago
004: Nick Radge discusses system design, the best type of trading systems, handling a bear market, m

004: Nick Radge discusses system design, the best type of trading systems, handling a bear market, m

In our chat with Nick we discuss system design, the best type of systems to trade, how observations can lead to better strategies, the best way to handle a bear market, measuring system performance, survivorship bias and the difference between successful traders and everyone else. Topics discussed:

The trading style most people should try first
Systematic ways to determine a trend
Why simple systems are the best
Why broker consensus is a poor indicator
The best type of stocks for trend following strategies
What you need to know about a system to be able to handle the drawdown
How observations can lead to better strategies
Why buy and hold offers average returns and the best approach to handling a bear market
How trading can take less than 5 minutes per day
Measuring the performance of a system
The difference between very successful traders and everyone else
The types of survivorship bias that could be ruining your backtest results
The warning signs of over-optimisation
Coping with dra

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