Statistical Edges to Improve Your Trading - Scott Andrews скачать в хорошем качестве

Statistical Edges to Improve Your Trading - Scott Andrews

“There are literally hundreds of statistically valid patterns in every market.” – Scott Andrews (Investiquant). So, where are they hiding out, how can we find them and how can we determine the patterns are actually valid and not just random noise in the market? In this new episode of BST Live, Scott Andrews from Investiquant joins us to share how to find statistical edges to improve your trading. Here are just some of the tips you’ll discover: • How to find potential edges and which markets are best, • Why it’s more important to spend time watching and studying the market than actually trading it, • The "3 C's rule" to separate genuine signals from the noise, • How long can pattern edges actually last and do dead edges ever recover? • How to track the health of an edge using t-score, • Using "traditional" indicators in patterns, • How to deal with drawdowns (and possibly the trading quote of the year!), • The "Speed Bump Rule" to manage drawdowns, plus… • Allocating capital, edges in stocks, building pattern libraries, ensembles vs patterns, day trading edges, context, sample size, and much more. ► You can discover more from Scott at http://investiquant.com ❓Want weekly trading insights, expert interviews, Sunday Summaries and more❓ Join the free Better System Trader newsletter📰: https://bettersystemtrader.com/newsle... ⭐⭐⭐ Support The Channel ⭐⭐⭐ ☕ Buy Me a Coffee: https://buymeacoffee.com/bettersystem... ** Timestamps ** 00:00 Getting started! 02:14 Trading background, styles and markets 03:41 Why are statistical edges so important? 06:23 What type of patterns to look for when searching for edges 08:16 How to find potential edges for testing and which markets are best 10:57 How to build up a library of hundreds or even thousands of patterns 12:14 What's the "best" pattern? 13:16 Using AI and Machine Learning Ensembles to identify patterns and forecast the markets 20:16 The "3 C's rule" to separate genuine signals from the noise 26:01 How to manage context with sample size 28:01 How long can pattern edges actually last and do dead edges every come back? 30:42 Eroding edges and how to track the health of an edge using t-score 32:42 Should you switch strategies off when unusual events occur? 34:45 Mixing patterns with exits, including volatility and time-based exits 36:26 How long to hold daytrading trades 37:34 Patterns and edges in stocks 38:31 Comparing indicators with patterns 39:51 How to calculate t-score if you use a retail trading platform 41:26 Supervised learning and gradient boosting to find patterns 43:31 Using "traditional" indicators in patterns 45:31 How to deal with drawdowns 49:21 The "Speed Bump Rule" to manage drawdowns 51:31 How to allocate capital when trading multiple models 53:11 Edges and orderflow 55:10 How to learn more from Scott and use his tools to find edges 🎓🎓🎓 MORE TRADING EDUCATION & CONTENT 🎓🎓🎓 ► Better System Trader website: https://bettersystemtrader.com ► Interviews With Pro Traders: https://interviewswithprotraders.com ► Smashing False Breakouts: https://smashingfalsebreakouts.com ► Trading Market Internals: https://tradingmarketinternals.com ► DPS Trading Technique: https://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.