“Simple trading strategies for consistent results.” - David Stendahl

David Stendahl from SignalTradingGroup joins us to discuss techniques traders can use to achieve more stable results, including:
• Why it's good to understand a systems logic and will simple systems continue to work,
• How to apply adaptive logic to simple systems,
• Mistakes traders make using seasonals,
• How "seasonal depth" can identify when a market is likely to make a big move,
• Using environmental overlays to adjust position sizing,
• Using VIX to switch strategies on/off,
• Plus, we discuss which is better: diversification of systems or markets?
► You can discover more from David at signaltradinggroup.com/
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** Timestamps **
00:00 Introduction to David trading background
02:50 Research project testing complex strategies
07:15 Example of simple trading strategies
09:31 Will simple systems continue to work
12:07 Why it's good to understand a systems logic
17:45 How to apply adaptive logic to simple systems
23:36 Assessing the results of strategy adaptability
26:15 Robustness testing and checking for curvefitting
29:40 Data used for adaptive overlays
33:15 Mistakes traders make using seasonals
35:05 Using multiple timeframes with seasonals
41:10 How "seasonal depth" can identify when a market is likely to make a big move
44:18 Normalizing for fund allocation
48:28 Using VIX to switch strategies on/off
50:30 Process from basic system to diversified portfolio of adaptive strategies
55:21 Which is better: diversification of systems or markets?
57:15 How to discover move from David
🎓🎓🎓 MORE TRADING EDUCATION & CONTENT 🎓🎓🎓
► Better System Trader website: bettersystemtrader.com
► Interviews With Pro Traders: interviewswithprotraders.com
► Smashing False Breakouts: smashingfalsebreakouts.com
► Trading Market Internals: tradingmarketinternals.com
► DPS Trading Technique: dpstradingtechnique.com
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.

[@BetterSystemTraderPodcast]

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

[@vladimirbelik7259]

Hi Andrew, I've been watching a ton of your content lately and while I think your questioning style is generally great, I have to agree with some of the comments on this particular video that it seems like there's a pretty large overlap in content between interviews. Naturally you would expect this (since if x works, it should work for everyone), but I think the issue that the commenters point out is that if you've watch a couple dozen interviews and you're leaving those beginner stages, it seems like there's not much more new info coming in. Of course traders won't give away their strategies, but if you look back at your interview with Dr. Ernie Chan, it seems like he offered up some pretty specific algorithms, strategies and methods (without revealing how his strategies work). Perhaps you could find a way to frame your questions to encourage the interviewee to go into more detail (like Dr. Chan did) without giving away their exact strategy. At least some software maybe? Indicator names, general algorithm names/types etc.

[@adokoka]

What a wonderful end note from David: Trend makes you the money, momentum saves your butts and patterns add spices to the mix ✌️😂😂😂

[@BetterSystemTraderPodcast]

agreed, great quote!

[@piphunter]

I liked hearing him talk about adaptive learning applied to indicators. It would be nice to hear what platforms the guests are using build their models. Like R, Python and anything that would help the listener out with building systems without them "spilling their secret sauce". I'm not an indicator guy so hearing they discuss algo's in relation to price volume and orderflow would be really nice to hear.

[@phillaysheo8]

Yeah, listening to this now. This is what I wanted to know also, what his tech stack is. Anyway, still enjoying the interview though.

[@BetterSystemTraderPodcast]

good idea, thanks for the suggestion pip

[@arinnfc]

All done in a consistent way, nfc also teaches how to be consistent in trading plan too

[@HitAndMissLab]

If this was Amazon's site, I would give this video 5 likes, not just 1.

[@mahd290]

too much generic stuff - no real value...don't waste your time thinking he is going to 'share' his SIMPLE systems' details

[@adokoka]

Mister Mahad, sorry to break it to you. This is not a place to shop for systems. This is forum for systematic traders who are sharing their experiences on conceptual trading topics.

[@mahd290]

@@adokoka who are you, do you own the channel or work for for David....the point was relatively too vague as compared to other BST interviews

[@zackj997]

Unfortunately that's why I stopped watching this show. Majority of them all say the same exact vague concepts. First episode I watched in more than 6 months and it's unfortunately still the same. I'm not saying it's not helpful if you're very new, but I've listened to 25+ episodes and the overlap is extremely high where it's not worth the time anymore.

[@phillaysheo8]

Nobody is going to hand you a winning system on plate, particularly if they are trading it for themselves and it is their only source of income

[@vjrevankar346]

@@phillaysheo8 Correct. I burned much midnight oil to come up with my system. Its much like a trade secret at this point.