A weekly show for systematic traders who want to make more money from their trading strategies.
…
continue reading
Confessions Of A Market Maker brings 20 years of Wall Street educational trading experience, coupled with entertaining stories; both in and away from the markets. The podcast is Co-Hosted by former 20 year Market Maker, JJ (@vwaptrader1) & Poker Professional/trader, Ray (@AllxDayxRayx), who are occasionally joined by guests of high esteem in the industry. Confessions Of A Market Maker has quickly become one of the highest viewed and popular podcasts in the finance/trading space.
…
continue reading
We discuss the most common objections traders have to using automation and how to get over the hump.By Dave Mabe and Michael Nauss
…
continue reading
A follow-up on our previous interview with Jared Tendler where we go deeper into: the role of optimism in trading poker and trading learning from top performers in non-trading fields A chart of earnings season: https://www.davemabe.com/earnings-season/By Dave Mabe and Michael Nauss
…
continue reading
This week, we interviewed Jared Tendler, a mental coach for traders, poker players, and golfers. Jared has written several books, including The Mental Game of Trading. This was a wide-ranging interview where we discussed: The mental side of systematic trading How poker and trading are similar and different What traders can learn from top performers…
…
continue reading

1
Should You Turn Off Strategies On Crazy Days?
36:45
36:45
Play later
Play later
Lists
Like
Liked
36:45When the market is raging in a way that's far out of the ordinary, should you turn your strategies off? Or let it be business as usual? We discuss the things to consider.By Dave Mabe and Michael Nauss
…
continue reading

1
Turning A Trading Weakness into an Advantage
39:02
39:02
Play later
Play later
Lists
Like
Liked
39:02We discuss how Dave turned a trader's frustrating bad habit into a positive workflow for creating new trading edge. This is a great case study for the power of a positive mindset and a desire to get better.By Dave Mabe and Michael Nauss
…
continue reading
You're trading a strategy - you're comfortable with the number of trades. And then BOOM - one day the entire market is moving and your system generates 10x the number of trades it normally does. How do you react? Michael and I discussed the first time this happened to me and how best to respond to prepare for the next time.…
…
continue reading
Do you let the quest for perfection get in the way of trading success? It's more common than you might think. We discuss where this tendency comes from and how to let go of it to make progress in your trading. "From the surface, every rabbit hole looks like a pile of money." - Dave Here's a link to the book Michael mentioned: Golf Is Not A Game Of …
…
continue reading

1
Episode #129: Steve Quirk of Robinhood on Prediction Markets & The Evolution of Markets
47:24
47:24
Play later
Play later
Lists
Like
Liked
47:24Chief Brokerage Officer at Robinhood Markets. Prior to joining Robinhood, he oversaw the strategy and deployment of initiatives for Trading at TD Ameritrade, He also served as a member of the company’s Senior Operating Committee, which shaped the strategic focus of the organization. Our guest also focusing on teaching the next generation of investo…
…
continue reading

1
Make Trading Real when Things Are Going Well
24:21
24:21
Play later
Play later
Lists
Like
Liked
24:21When you're trading part-time and doing well, your trading can seem almost like a video game. Here's actionable thing I tell the traders I coach to do that keeps them motivated to improve even when their trading is going great.By Dave Mabe and Michael Nauss
…
continue reading
By Dave Mabe and Michael Nauss
…
continue reading
If there's one thing profitable traders do consistently, it's keeping track of their results. Winners keep score! We discuss the do's and don't's of journaling and the things you can safely skip because they're a waste of time.By Dave Mabe and Michael Nauss
…
continue reading

1
What NOT To Automate In Your Trading Business
32:44
32:44
Play later
Play later
Lists
Like
Liked
32:44Just because you CAN automate doesn't necessarily mean you SHOULD automate it.By Dave Mabe and Michael Nauss
…
continue reading
By Dave Mabe and Michael Nauss
…
continue reading
Book on Kelly Criterion: Fortune's FormulaBy Dave Mabe and Michael Nauss
…
continue reading
You finally have a serious trading edge. And you know it. How should you think about sizing up?By Dave Mabe and Michael Nauss
…
continue reading
Dave's article on partial profits: Should You EVER Take Partial Profits? Dave's Strategy Corner monthly column at TASC Magazine Social Desirability Bias - why bad ideas get traction Best Loser Wins - book recommendation from MichaelBy Dave Mabe and Michael Nauss
…
continue reading
Several months ago, Dave decided to leave Trade-Ideas to focus on trading and coaching. Dave discusses why he left, making big decisions, and focusing on trading.By Dave Mabe and Michael Nauss
…
continue reading
Dave discussed a mistake one of his coaching clients made, how he responded to it, and the changes to his trading process as a result of it. We discuss the critical pieces of your coding workflow that most traders overlook as well as a novel use of Trade-Ideas and Amibroker to create a very efficient trading workflow.…
…
continue reading
Books mentioned: Give and Take by Adam Grant Never Eat Alone by Keith Ferrazzi The Art of Gathering by Priya ParkerBy Dave Mabe and Michael Nauss
…
continue reading
Links mentioned in this episode: Brett's drawdown in the 80's: After a Devastating Loss Brett's Traderfeed Blog: https://traderfeed.blogspot.com/ Brett's Books: The Psychology of Trading Enhancing Trader Performance The Daily Trading Coach Trading Psychology 2.0 (Coming soon!) Positive Trading Psychology (title tentative)…
…
continue reading
There are big changes on the trading horizon as 24-hour trading is becoming more and more a reality. We discuss how this will affect the markets, what cues we'll be looking for to capitalize on it, and just how important these changes really are.By Dave Mabe and Michael Nauss
…
continue reading
In a follow-up to last week's interview with Marsten Parker, Dave and Michael discuss the key to being successful for a long period: adapting. Whether successful traders realize it or not, they'll eventually have to completely reinvent what they do to stay relevant. Annie Duke's book Quit: The Power of Knowing When To Walk Away.…
…
continue reading
We talk with Marsten Parker who was highlighted in Jack Schwager's Market Wizard book series and the creator of the RealTest backtesting software. We discuss the process of creating trading strategies, adapting them over time, and completely reinventing yourself as a trader. Links: RealTest Backtesting Software Unknown Market Wizards by Jack Schwag…
…
continue reading
How many monitors should you have? What chart platform should you use? "A lot of indicators on a chart is a sign of mediocrity." -- Dave Software mentioned: Interactive Brokers Amibroker eSignal Free email course on backtestingBy Dave Mabe and Michael Nauss
…
continue reading
Trade-Ideas OddsMaker Amibroker RealTest QuantConnect Michael's RealTest Coding Helper: https://chatgpt.com/g/g-5AvG9XdDY-realtest-coding-helperBy Dave Mabe and Michael Nauss
…
continue reading
What is a regime filter and is it useful? That's the question we discussed on this episode - Michael and Dave have completely different approaches. Here are links to articles referenced in the episode: Why I Ignore The Overall Market When I Trade Why I Avoid Overall Market Filters in Strategies Is The Market Really More Likely To Continue As The Ga…
…
continue reading
A listener asks how he can remove 30% of the trades he's taking in his trading strategy that he knows are hurting his results. Are you interested in Backtesting but don't know where to start? Learn the basics with Dave's free email course.By Dave Mabe and Michael Nauss
…
continue reading

1
Episode #128: Andrew O'Connell US Investing Champion on Early Trading Struggles, Trade Sizing & Risk
1:10:44
1:10:44
Play later
Play later
Lists
Like
Liked
1:10:44US Investing Championship 2023 top performer with a gain of+103.5%. Currently leading this years 2024 competition with a whopping 409% as of date of recording. He’s a fundamental & Technical Analysis. Founder of Pristine Capital. Confessions of a Market Maker presents Andrew O’Connell. ---------------------------------------------------------------…
…
continue reading

1
Is Limited Time For Trading - A Good Thing?
32:24
32:24
Play later
Play later
Lists
Like
Liked
32:24Many traders come to me with a single complaint - I wish I had more time to devote to my trading. It takes me back to my early days when I had the same thoughts! It wasn't until several years of hindsight that I realized that having limited time for trading... is a good thing. We discuss why that is and how you can turn limited time into a positive…
…
continue reading
Dave and Michael discuss several ways to incorporate news into a technical trading strategy.By Dave Mabe and Michael Nauss
…
continue reading
Dave and Michael discuss the implications of the research from the previous episode. If financial social media is so predictably wrong, how can traders use it? Should they use it at all?By Dave Mabe and Michael Nauss
…
continue reading

1
Interview with Seyed Kazempour, Author of Finfluencers
45:59
45:59
Play later
Play later
Lists
Like
Liked
45:59In our first interview for the podcast, we talked with Dr. Seyed Kazempour about his paper called Finfluencers. It's a fascinating paper based on research on StockTwits. The conclusion? The more followers someone has on StockTwits, the worse their market predictions. We discuss the implications of this research for traders. Here's a link to the Fin…
…
continue reading

1
Episode #127: Anthony Pompliano on Economic Data, BTC Volatility & How To Live An Extraordinary Life
49:25
49:25
Play later
Play later
Lists
Like
Liked
49:25Founder & CEO of Professional Capital Management. He has built and sold a number of successful businesses, while also investing in approximately 200 companies. He created and manages one of the largest independent financial media platforms in the world. Published author of the “How to Live an Extraordinary Life”. Confessions of a Market Maker Prese…
…
continue reading
Dave discusses a turning point in his trading career when he realized his trading system wasn't as systematic as he thought. His discretion had drifted over time, changing how he approached trading from that point forward.By Dave Mabe and Michael Nauss
…
continue reading
How do you decide what to work on next in your trading? How do you know what's likely to actually improve your results? Dave and Michael discuss a framework for prioritizing strategy development work given your limited time and resources.By Dave Mabe and Michael Nauss
…
continue reading
Dave and Michael discuss their processes for recording trading ideas and the software each of them use.By Dave Mabe and Michael Nauss
…
continue reading
Dave and Michael discuss their systems for coming up with strategy ideas. Successful traders aren't born with the ability to come up with good ideas. They create a process that they follow day in and day out to notice unusual patterns in the markets that can eventually be turned into profitable strategies.…
…
continue reading
Michael and Dave discuss the advantages and disadvantages to paper trading a strategy before trading it live.By Dave Mabe and Michael Nauss
…
continue reading
Building on last week's episode, Dave and Michael delve into the more advanced order types that can help make trading easier and more automated.By Dave Mabe and Michael Nauss
…
continue reading
There are dozens of different order types. Which ones do you actually need to care about?By Dave Mabe and Michael Nauss
…
continue reading
This very simple exercise can help you identify dozens of ways to improve your daily trading routine.By Dave Mabe and Michael Nauss
…
continue reading
Dave shares his experience about when it became crystal clear that getting more systematic was going to pay off in a big way.By Dave Mabe and Michael Nauss
…
continue reading

1
Episode #126: JC Parets on Portfolio Strategies, Technical Analysis and Bull Market Parties
57:54
57:54
Play later
Play later
Lists
Like
Liked
57:54Founder of All Star Charts, a research platform for both professional and retail investors. He is one of the most widely followed technical analysts in the world. Earned his Chartered Market Technician designation (CMT) in 2008. Frequent speaker at top investing conferences and universities. Confessions of a Market Maker presents JC Parets --------…
…
continue reading
Join Dave and Michael as they introduce themselves and explain why they are launching a podcast about systematic trading.By Dave Mabe and Michael Nauss
…
continue reading

1
Episode #125: Anne-Marie Baiynd on Recovering from Big Losses, Neuroscience & Trading Methodology
1:20:46
1:20:46
Play later
Play later
Lists
Like
Liked
1:20:46Twenty year trader and is featured often in major fintech outlets and aligned with many trading platforms -Benzinga Pro, Investors Business Daily, Metastock, MotiveWave, Trendspider, RocketScooter, PlaceYourTrades, TopstepTrader, and Traderade. Shes the president and CEO of TheTradingBook.com and the author of The Trading Book: A Complete Solution …
…
continue reading