Welcome to the "Trading Edges" podcast. From the outside looking in it can sometimes appear that peak performers have an elusive talent or skill that sets them apart from the rest of us. However what usually sets peak performers apart isn’t what they can do, it’s what they will do. The podcast dedicated to seeking and sharing the best ideas and principles from peak performers across all domains of performance and achievement to help you unlock your full trading potential. Click below to find the Podcast show notes and transcripts: http://thetradingedge.org/category/podcast/ Now help us spread the word by leaving us an iTunes review: http://thetradingedge.org/review
Artificial Intelligence and Trading with Luc Begnoche
53:06In this episode we’re going to be talking about Artificial Intelligence and trading. Nowadays we read a lot of headlines around the exponential developments in AI and how many companies are rushing to bring AI related technologies to market. The promise is that AI can and will change the way we do everything - that is the way retailers sell, the way we make purchases, drive cars, practice medicine, grow crops, and so on but what will AI do to trading? To help us explore this topic I invited cofounder and CEO of startup AIDvisors Luc Begnoche to share his perspectives around the history of AI, the different applications of AI, the application to trading, and how Luc’s company is bringing to market a consumer friendly AI driven trading service. Take a listen to the episode, leave us some feedback and let us know what you think? On the one hand we hear about the dangers of AI taking over the world and on the other spectrum we have about the potential human assisting benefits. So what do you believe at it pertains to trading? Will AI will disrupt the financial markets or will AI ultimately the markets even more efficient?efficiency? Head on over to the show page at thetradingedge.org/episode32 and leave us your feedback as well as to find links to the resources we talked about on the show. On this podcast you’ll hear and learn about - * The difference types of AI * The difference between algo trading and AI trading * The evolution of Quantitative market analysis to AI * Use cases for AI in trading * The optimum period to update your trading algorithm/system * Whether AI will replace human traders and the impact on markets?
Cultivating Peak Performance In Trading
55:13This episode is a discourse into cultivating the habits and routines to achieve peak trading performance. Based on my own research and experience on peak performance as well as the dozens of traders interviews i’ve done through the podcast, my meetup group, and with the traders i work with I will share the lifestyle and learning strategies, psychological states and traits, and motivational processes of top performing traders. Now for this episode I've also recorded a video presentation with slides to go along with the show. So if you'd like to see the video and slides then head over to -http://thetradingedge.org/episode31 If you like the show, leave us a positive review on iTunes - http://thetradingedge.org/itunes
What You Need To Do As An Options Trader with Kirk Du Plesses @optionalpha
49:06In this episode we talk options with Option Alpha’s Kirk Du Plesses. Having had my own ups and downs trading option, I think one of the most salient points Kirk drives home early in the show is that "it’s not about finding the fast track, it’s about finding the right track the fastest". I think as traders many of us have this propensity for new shiny objects or shiny object syndrome. This keeps us in a never ending loop of chasing the next strategy, the next indicator, the next big stock, and so on and so forth. All of this misses the real mark and that is skill development. The key to skill development which I will be covering in a future episode is this idea of "deliberate practice", ie. creating a process in which you are learning and developing your skills as a trader with structure, persistency, consistency, and intention. So on this podcast you’ll hear and learn about - - Why it’s not about finding the fast track, it’s about finding the right track the fastest - What you need to do to stay in the game - What’s the hardest part of trading is for Kirk - How accountability allows Kirk to keep the same level of consistency and persistency - Why Kirk believes you need to be an options seller - Kirk’s backtesting project where he and his team back tested over 21 million strategies and the insights they discovered from the test - Where people often get tripped up with options - Simple building blocks to start with options - A 10 min. a day strategy that yields 22% annualized and compounded growth for 15 years! - And why you need to treat trading like starting a restaurant Don’t forget to head over to the resource page at http://thetradingedge.org/episode30 for the show notes and links to everything we talked about on the show.