Andrew Swanscott is an independent trader who specialises in algorithmic trading strategies. He has a background in IT engineering, and has been developing and trading mechanical systems for the US and Australian markets since 2004. He currently trades multiple strategies on the Australian stock market and the US Futures markets. Andrew has recently left his corporate job in the banking industry to focus more on his private trading business and other business interests. He is the host of the Better System Trader podcast at bettersystemtrader.com, which has reached over 1 million downloads since it began in April 2015.
Excessive drawdown is probably one of the biggest causes of trader failure. Long, painful drawdowns can destroy trading accounts and can also have a serious impact on health, finances and relationships. But it doesn?t have to be that way. So what can we do to ease the pain of drawdowns, sleep better at night and live to trade another day? Andrew Swanscott from Better System Trader is going to discuss 7 practical tips you can use to reduce drawdown in your trading strategies.
With the rise of cryptocurrency prices and the introduction of BitCoin Futures, there's alot of buzz about bitcoin and other cryptocurrencies, however opinions are divided on the legitimacy and future of these newer markets. Are cryptocurrencies just a fad or are they here to stay, and if they are here to stay, how can we leverage them as traders? In this presentation, we'll take a brief look at the history of bitcoin, the advantages and challenges, plus we'll analyse key market characteristics to discover potential opportunities for algorithmic trading approaches