wonderful insights that Adrian presented. I particularly enjoyed the fact that a sensible time frame can be achieved and relating that to potential lost income by procrastinating for years
Question. How do you know the difference between a strategy losing its edge vs being on the wrong side of probabilities when coming down to being in drawdown?
Great question Isaiah - This is quite complex, but what it comes down to is a system's 'normal' behaviour vs abnormal behaviour. When a system is having a drawdown that is within the range of the previous drawdowns on a 30 year backtest then there is usually nothing to worry about. However if you are monitoring all of the system statistics and there is something that has decayed out of the range of the historical backtest then you need to look more closely. You can monitor trade level statistics like the size of winners and the size of losses... the % winners... the number of signals per day or week... the number of losses in a row etc. If these are trending down over some time then you may have an issue with system decay.
@Enlightened Stock Trading appreciate this, it has been on my mind a long time also but I am still just developing and testing, it's nice to have an answer so I am not tempted to rush in and find out for myself.
10:20 kinda disagree here but just based on my own experience. I think a strategy whose goal is too broad is at a very high risk of over fitting and flopping when it's gametime
Thanks for watching - and thank you Etienne for having me on the show! I love trading with a portfolio of systems made up of different strategies, timeframes and markets! It really helps me sleep well and not worry about what the markets will do next.
great interview as usual!...but please speak SLOWER and more clearly. I guarantee you some people will stop listening because it takes effort to pick apart what you are saying. ;-)
Peplatam kolky he vlozite vo vawite Bakı za danso vrboski. Do 2029 taka nalaga bitonot dobivkata ə 02posto..vie treba da odredite do 2029 za global ata ekonomia I vie sə kreditirate. Zamene vo 2029.
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Nice interview ET. Great to see you featuring fellow Australian traders.
Glad you enjoyed it Michael - let me know if you had any questions or comments following the interview.
wonderful insights that Adrian presented. I particularly enjoyed the fact that a sensible time frame can be achieved and relating that to potential lost income by procrastinating for years
Thank you for watching Adam - Glad you enjoyed the interview!
Extremely good advice in this i wish adrian the best and can see why his a great trader
24:35 - 25:50
to boost confidence
Question. How do you know the difference between a strategy losing its edge vs being on the wrong side of probabilities when coming down to being in drawdown?
Great question Isaiah - This is quite complex, but what it comes down to is a system's 'normal' behaviour vs abnormal behaviour. When a system is having a drawdown that is within the range of the previous drawdowns on a 30 year backtest then there is usually nothing to worry about. However if you are monitoring all of the system statistics and there is something that has decayed out of the range of the historical backtest then you need to look more closely.
You can monitor trade level statistics like the size of winners and the size of losses... the % winners... the number of signals per day or week... the number of losses in a row etc. If these are trending down over some time then you may have an issue with system decay.
@Enlightened Stock Trading appreciate this, it has been on my mind a long time also but I am still just developing and testing, it's nice to have an answer so I am not tempted to rush in and find out for myself.
@@agedvagabond awesome - glad I could help.
10:20 kinda disagree here but just based on my own experience. I think a strategy whose goal is too broad is at a very high risk of over fitting and flopping when it's gametime
Thank you E great interview love how you are open to all the different styles of trading and strategies.
Glad you enjoyed it! It's always fun to talk with guys trading differently.
Thanks for watching - and thank you Etienne for having me on the show! I love trading with a portfolio of systems made up of different strategies, timeframes and markets! It really helps me sleep well and not worry about what the markets will do next.
Can you post a link to Adrian's web page, I coun't find it. Thanks, great job.
Very insightful interview
I'm glad you liked it!
Thanks for watching, let me know if you have any questions and I will help you out 🙂
How many "successful" traders can actually show us their equity curve performance over (at least) a 12-month period?
I know just 2. trader kei a Japanese guy and a french guy elliot hewitt. Very realistic results....
What books do you recommend to start trading?
-Synergistic Trading
-Trading in the Zone
-Controlled Trading
Martin Armstrong blog
What are books on systematic trading?
Great content Etienne always learning. Can you speak slower next time? Its kind of difficult to hear you well
I will try!
You can slow down the speed of the video
@@DesireToTRADE English is my second lenguage, you really speak very fast!! Ja
Good interview
Thanks!
Great interview Etienne! Fantastic insights on risk management! Having a vault of strategies still to be tested - This is so me, lulz 😂
Glad you enjoyed it!
Good luck with the testing! I find I can quickly discard most ideas on initial testing so it is best not to dwell on each one too much.
@@EnlightenedStockTrading fo sure. It a thing of having a framework for testing
@@pushdwithinx8634 yes having a good framework for testing strategies is critical. It is a big part of what I teach in The Trader Success System.
I would like to hear more about HOW these guys backtest. I doubt he manually paper-trades every day since 1990.
Legend
Glad you liked the interview - let me know if you have any questions about anything we covered 🙂
"Buy, select the order type, submit... I don't really need more of that in my life"
😂
Lol - Automation is the best! Changed my life for sure.
Dude nice interview but do you really need 10 ads that play while listening? Geesh
I let RUclips put ads by default. And never see them since I have RUclips premium, but I’d be annoyed too :)
why keep testing different ideas after 20 years of stable equity curve?
He enjoys the process.
This man is getting slippage on a daily chart? Holy shit....
great interview as usual!...but please speak SLOWER and more clearly. I guarantee you some people will stop listening because it takes effort to pick apart what you are saying. ;-)
If you become greedy market will punish you
😀
Etienne love your stuff, but please speak more slow, its hard to understand you.
Peplatam kolky he vlozite vo vawite Bakı za danso vrboski. Do 2029 taka nalaga bitonot dobivkata ə 02posto..vie treba da odredite do 2029 za global ata ekonomia I vie sə kreditirate. Zamene vo 2029.
stock trading ?! lol