Jump to content

Recommended Posts

  • 4 weeks later...

Very interesting podcast discussing bet sizing and risk management. Goes into outcomes of experiments that do not come out as you would expect and helps explain how you can lose with a seemingly common sense approach.

Particularly pertinent as the guest is Victor Haghani who was a founding member of Long Term Capital Management that famously went bust in 1998 and I think still holds the record as the biggest corporate bust of all time. 45 min long and quite a bit of math but worth hanging on. 



Link to comment
  • 3 months later...
  • 5 weeks later...

From poker player to risk manager for a $200 billion hedge fund. Interview with Aaron Brown.




  • Risk management is not about avoiding risk but about giving you choices.
  • Importance of quantitative data.
  • Funds are always long and short and re-balance according to changing price, fundamentals and news.
  • The role of the risk manager in supervising traders.
Link to comment
  • 1 month later...
  • 1 month later...
  • 3 weeks later...
  • 3 weeks later...
  • 2 weeks later...

Interview with Moritz of Tradeciety and Edgewonk. Discusses day trading and swing trading differences and transitioning between the two, trading fx and stocks, brokers, banks and markets.


Also talks about educators (as an educator) and journaling. 





Recorded in mid Jan, 48 min, interview starts 10 min in.



Link to comment
  • 1 month later...

My subjective opinion, after hearing this podcast was


I laughed at this map seller of the trading gold , Dr Steenbarger never traded successfully, he wrote books and sold psychology mentoring and  education. Dr Steenbarger does have the map of the trading gold, yet he is selling it through his books etc.


All the BS about volume on forex and past volume analysis, guessing the hft volume and calling it a guide to successful trading.It is the blind leading the blind, a jack of all trades, yet a master of none! No one can tell actual volume in forex. total fallacy bs.


In the gold rush, the only people who made money were map sellers of the the gold, i.e t/a,books,p/a,eas,education etc etc etc

Link to comment

Yes my highness "the high priest of noise",


This just proves "the industry is the blind leading the blind" I have tried to follow author Dr Steenbarger  on many of his Youtube videos, I have also heard over 200 psychology webinars, and I have traded every market.



another guru selling education





Link to comment

I was making a subjective opinion on what he was saying.He talked about volume and volume in wall street.Dr steenbarger is not a trader, how would he know, that volume analysis in forex is not possible, hence the fallacy of his guidance.He talks about the hft and pension fund volumes on wall street, volumes become historical and irrelevant, after big funds have done their jobs.


He even talked about  predicting ranging /trending indicator and shifts in sentiments, but Mark Douglas was the real thing, cause MD pointed out much more about not knowing "what the market will do next".It is easy to give advice, that is not practical, when the master knows nought.


I was looking for a decent debate, with like minded traders.




Link to comment

Not surprisingly you have got this wrong. He did talk about volume and relative volume and it's application to indices. He then talked about the fx market and tick volume (he was asked specifically about it). He knew exactly what he was talking about.


I long ago learnt you don't debate but just randomly troll.

Link to comment

Past volume has no relevance to market behaviour for the short term trader, it becomes hindsight knowledge and useless in predicting where price is going next on indices, volume on stocks is relevant  and this pushes indices, he talks about indices ticks.This is total BS.Same applies to his understanding of forex.


No constructive debate but accusations of trolling!

Link to comment

He talked specifically about short-term (prop) traders and differentiated between them and portfolio traders, he has worked with many of both groups. He talked about the correlation between volume and price movement and how and where to find it and see it.

Indices increments are called ticks whereas fx increments are called pips.


You didn't really listen at all did you, too much of a hurry to get on with the trolling.



Link to comment

This thread started off nicely, with some unusual links, then it reverts to slipping in advertising for Tradeciety (posted hundreds of times on I G forum).


In fact the tradeciety clowns were hindsight  gurus  and quite laughable stooges wanting to ***** noobs.I heard past of their podcast and shut them up.Closed it , waste of time.


Seems like this forum will soon become " come and learn from podcasts of  internet marketers "

Link to comment
  • 1 month later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Posts

    • Sainsburys full year earnings and Unilever’s first quarter trading update both say the same thing, UK consumers are in for higher prices. The war in Ukraine, supply chain issues and the effects of ongoing Covid all to blame.      
    • US Dollar (DXY) Daily Price and Analysis US Q1 GDP may stall the greenback’s advance. A 20-year high nears for the US dollar. The multi-month US dollar rally continues with the greenback printing a fresh high today ahead of the first look at US Q1 GDP at 12.30 GMT. The US dollar basket (DXY) has been boosted by renewed weakness in the Euro and the Japanese Yen, as investors move from lower-yielding to higher-yielding currencies, while safe-haven flows continue to benefit the greenback. The US growth release later in the session is expected to show a sharp slowdown from the robust Q4 figure of 6.9%. The markets are currently pricing in growth of just 1% for the first three months of this year, with the slowdown mainly due to a reduction in inventory accrual over the quarter. This release is unlikely to move the greenback, unless there is a large miss or beat, as the Fed believe that 2022 US growth will be robust enough to let them tighten monetary policy sharply without damaging the economy. The latest US Core PCE data – the Fed’s preferred inflation reading – is released on Friday and this may have more effect on the US dollar than today’s GDP data. For all market moving economic data and events, see the DailyFX Calendar. The ongoing US dollar rally has been aided by weakness across a range of G7 currencies including the Euro, the Japanese Yen, and the British Pound. The Euro continues to battle with lowly growth expectations, exacerbated by energy concerns, the British Pound is mired by weak economic data, while the Japanese Yen is in freefall as the BoJ continues with its ultra-loose monetary policy.   The US dollar continues to press higher and looks set to break above 103.96, the March 2020 high. Above here the US dollar would be back at levels last seen nearly two decades ago. The March resistance will likely hold in the short-term, especially with month-end portfolio rebalancing at the end of the week, but US dollar strength is set to continue in the months ahead. USDOLLAR (DXY) WEEKLY PRICE CHART – APRIL 28, 2022 {{THE_FUNDAMENTALS_OF_BREAKOUT_TRADING}} What is your view on the US Dollar – bullish or bearish?   Apr 28, 2022 | DailyFX Nick Cawley, Strategist
    • While Tesla has nothing directly to do with Elon Musk buying Twitter - TSLA stock closed down 12% on news that Musk may have to sell stock and use other holdings to stand against the loan to finalise the purchase of the social media giant.        
  • Create New...