149: Trading in Probabilities - Scott Hodson

149: Trading in Probabilities - Scott Hodson

A huge part of algorithmic trading is all about stacking the odds in our favour.

Finding statistical edges, identifying times when probabilities indicate that market conditions are either favourable for a trade or perhaps unfavourable for a trade.

And although probabilities aren't certainties, they can still be an important guides for traders, so joining us as special guest for this episode is Scott Hodson from Probable Trades.

Some of the things you'll discover in my chat with Scott are:

  • How to apply probabilities to trading strategies and why looking at cross-sectional probabilities across multiple dimensions of data can potentially enhance trading results,
  • How a Probability Almanac can help track the performance of a trading strategy over certain time periods,
  • Why it can sometimes pay to have a fundamental knowledge of the stocks you're buying instead of just blindly following trading signals,
  • How analysing risk to reward of past trades can help to determine at what point taking more risk is not beneficial,
  • Why you need to care for your 'emotional capital, just as much as your 'trading capital',
  • A specific type of stop that can reduce the length and size of drawdowns,
  • Shorting strategies as a hedge to smooth out the equity curve and reduce drawdowns,
  • And much more.

Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(242)

241: Trading Market Phases - with Mish Schneider

241: Trading Market Phases - with Mish Schneider

There are lots of varying opinions about the markets right now.  And massive uncertainty about where it's heading next. In this episode, I'm joined by Mish Schneider from MarketGauge, to discuss Marke...

9 Elo 202443min

240: "Uncovering hidden market reaction zones" - with Fabio Ruggeri

240: "Uncovering hidden market reaction zones" - with Fabio Ruggeri

Price charts are no longer enough… The world of trading is changing and Alpha needs to be found in other ways. So what should traders do? In this chat with Fabio Ruggeri from MenthorQ, we discus...

11 Heinä 202445min

239: Confident Consistent Trading - Laurens Bensdorp

239: Confident Consistent Trading - Laurens Bensdorp

Explore the world of algorithmic trading with Laurens Bensdorp as he delves into his extensive experience managing a diverse portfolio of trading systems. From foundational concepts to advanced strate...

27 Kesä 202458min

238: The new indicator that improves momentum trading signals - Alex Spiroglou

238: The new indicator that improves momentum trading signals - Alex Spiroglou

A Bloomberg study discovered MACD is the second most popular indicator after the RSI. But the MACD has BIG problems. And in this episode, Alex Spiroglou shares the solution. Here's what you'll dis...

13 Kesä 202456min

237: New Volatility Based Trading Techniques with Rob Hanna

237: New Volatility Based Trading Techniques with Rob Hanna

The Volatility Index (VIX) is used by traders to determine when the stock market (S&P) is getting "too risky", so they can protect their trading accounts from losses. Could traders be using the VIX wr...

30 Touko 202459min

236: How to Profit and Protect in Any Market Conditions - with Tom Basso

236: How to Profit and Protect in Any Market Conditions - with Tom Basso

Tom Basso is a Market Wizard with 5 decades of experience. After taking 4 years to get to break-even, he eventually transformed himself into a $600 million fund manager. In this discussion with Tom, w...

23 Touko 202458min

235: How traders can compete in the markets and find profitable edges - Jason Strimpel

235: How traders can compete in the markets and find profitable edges - Jason Strimpel

In this episode, Jason Strimpel from PyQuantNews joins me to discuss how traders can find profitable edges and compete effectively in today's fast-paced markets. Whether you're a seasoned trader or ju...

9 Touko 20241h 1min

234: The Trading Panel – Episode 11

234: The Trading Panel – Episode 11

Welcome to a new trading series called "The Trading Panel," where I collaborate with Jason Perz from Against All Odds Research and a panel of traders to discuss the markets and all things trading. Par...

25 Huhti 202449min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
rss-oivalluksia-rahasta-elamasta
mimmit-sijoittaa
rss-rahapodi
rss-lahtijat
rss-rahamania
herrasmieshakkerit
ostan-asuntoja-podcast
rss-sami-miettinen-neuvottelija
pomojen-suusta
hyva-paha-johtaminen
rss-paasipodi
inderespodi
rahapuhetta
tiedon-jaljilla
rss-uppoava-vn-laiva
rss-kaupan-tila
rss-inderes
rss-seuraava-potilas