Line Your Own Pockets

Episode

• 
  Small Changes for Big Results 17.08.2026 39mnt

  In this week's episode of Line Your Own Pockets, we discuss how small changes to your routine can have big impacts on your trading.Topics include:Beware of doing something simply because "that's how you've always done it"Find the most arbitrary assumption in your trading strategy and challenge itHow I recently changed a strategy I've traded for 20 years using this approachIt's good to "get your teeth kicked in" every once in a whileAnd much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  All About Volatility Halts 10.08.2026 49mnt
• 
  When to Switch Trading Strategies 03.08.2026 34mnt

  In this week's episode of Line Your Own Pockets, we discuss strategy diversification versus strategy hopping.One is productive; the other is not.Topics include:How to go deeper on strategies rather than hop from one to the nextBefore moving on from a strategy, document whyThorough notes about why you're moving on will make it easier to return to it in the future"This strategy doesn't work" is NOT a sufficient answer - you should be able to explain whyAnd much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  Backtesting Without Stops? 27.07.2026 46mnt
• 
  What To Do During a Trading Drawdown 20.07.2026 46mnt

  In this week's episode of Line Your Own Pockets, we follow up on last week's topic of trading drawdowns and discuss concrete things you can do when you're in one.We discuss:Even though you can't predict when they'll happen, that doesn't mean you can't prepare for drawdownsUpdate your data, rerun your backtests, and reconcile all live tradesSmall execution differences can cause large P&L gapsProfessional traders treat drawdowns as opportunities to improveAnd much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  Why Drawdowns Break Traders (And How to Survive Them) 13.07.2026 44mnt

  Every trader who has quit trading did so during a drawdown.In this episode of Line Your Own Pockets, we discuss this difficult topic and what you can do now to prepare.Topics include:Drawdowns are psychologically much harder than most traders expectThe biggest pain isn't the money - it's questioning whether your strategy actually has an edgeHaving only one strategy makes your identity more dependent on its successProgrammatic sizing rules help eliminate emotional decision-makingAnd much more...If you've never had a drawdown or aren't planning on having any more, then you can skip this one. :-)Otherwise... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  The Best Trading Ideas We've Shared in 100 Episodes 06.07.2026 48mnt

  In this week's episode of Line Your Own Pockets, we reflect on 100 episodes of the podcast. (!!)We compare the most popular episodes by downloads with those we think are most valuable.Michael and I independently came to the episode with a list of 3 episodes we thought were the best.I was shocked when we compared the lists!Whether you're new to the podcast or a veteran of LYOP, this is a good episode to learn which concepts we think are the most valuable to serious traders. ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  The Fastest Way to Find Your Next Trading Strategy 29.06.2026 40mnt
• 
  Why Your First Trading Strategy Can Hold You Back 22.06.2026 43mnt

  In this week's episode of Line Your Own Pockets, we continue the recent series on the mindset of creating new strategies.This time, we focus on branching out from your first profitable strategy, after you've started creating variations of that first one.Topics covered:Why do even successful traders struggle to create a second strategy?Develop new strategies before you need themDaily review is key - it's non-negotiable for meStrategy two is hard, but the benefits of diversification start immediatelyAnd much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  How to Add More Trades to Your Strategy 15.06.2026 50mnt

  In this week's episode of Line Your Own Pockets, Dave shares the exact steps he took to go from 300 trades a year to 3500 by backtesting and automating his trading system.We discuss:Moving down timeframes to add more tradesHow I added more trades but spent less time tradingHow backtesting changed everything for meMost strategies have more depth than traders realizeAnd much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  From One Profitable Strategy to Two 08.06.2026 44mnt

  In this week's episode of Line Your Own Pockets, we take on a listener question from Emmett on how to go from one profitable strategy to two.We discuss:How most traders never get to this point and whyDifferent approaches for strategy two - a variation of strategy one or completely different?It's easier to create a variation of strategy one - start going a mile deep rather than a mile wideWhy a related strategy makes senseHow much should you worry about correlation?And much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  Follow Up on Interview with Garrett Drinon 01.06.2026 38mnt

  On this week's episode of Line Your Own Pockets, we reflect on the recent interview with Garrett Drinon from last week.We discuss:Principles of elite performance span across different domainsProcess matters more than outcomesCopying others might work temporarily, being truly unique matters in the long runAdapting to changing markets is a skill you can developAnd much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  Interview with Garrett Drinon, SMB Capital 25.05.2026 59mnt
• 
  A Better Way to Get Market Data 18.05.2026 50mnt

  In this episode of Line Your Own Pockets, Dave shares two new tools to download and manage market data for backtesting and creating profitable trading strategies.Both of these tools are available for free in the Free Tools section of my website. (More free tools coming soon.)Michael and I discuss the motivation for creating these.Topics covered:Traditional IQFeed/AmiBroker backfill workflows can silently corrupt your databaseThe tools use CSV files plus incremental updates for reliability and speedThe Massive/Polygon version automatically includes delisted stocks and splitsAn idea for a reverse split trading strategy using these toolsAnd much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  How Important Are Delisted Symbols to Your Strategy? 11.05.2026 38mnt

  In this week's episode of Line Your Own Pockets, we discuss the touchy subject of delisted stocks. In this "spirited" discussion, Michael and I agree on the concept of survivorship bias, but disagree on how important it is.Topics covered:What is survivorship bias, and how does it affect trading strategiesWhat types of strategies are more vulnerableWhen it makes sense to include delisted symbols in your backtestDeciding whether including them is a form of "requiring perfect data."And much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  Create Redundancy in your Trading Business 04.05.2026 38mnt

  In this week's episode of Line Your Own Pockets, we discuss adding redundancy to your trading. Outages aren't a matter of if but when.Topics include:Failures will happen eventually - plan for them ahead of timeBroker-side, server-held exit orders (like at IBKR) make this simpleTest your setup before you get forced toRevisit your setup regularly as your trading income grows over timeAnd much more...As mentioned in the podcast, here's an example of an internet router that can use multiple ISPs. ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  How To Choose a Broker for Systematic Trading 27.04.2026 46mnt
• 
  Interview with Brandon Kaisler from Cesta Capital 20.04.2026 50mnt

  In this week's episode of Line Your Own Pockets, we sit down with Brandon Kaisler of Cesta Capital, a brokerage catering to active short sellers.In a wide-ranging interview, we discuss topics from a broker's perspective, including:How most brokers make money from hidden fees, not commissionsWhy brokers prefer systematic traders (hint, hint)How the market for short locate fees worksHow 24/7 trading will affect your tradingWhether eliminating the pattern day trading rule will help or hurt the marketsAnd much more...This is a rare and honest look at the business side of active trading and what it means for active traders. ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  All About Data for Backtesting 13.04.2026 39mnt

  In this week's episode of Line Your Own Pockets, we discuss market data for backtesting.Topics covered:Data for backtesting is far different (and easier) than for real-time tradingLike "free" commissions, you typically get what you pay for when it comes to market dataChoices come down to whether you need intraday dataAvoid overengineering - no premature optimization!And much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!
• 
  Interview with Trent Smalley from DTN/IQFeed 06.04.2026 53mnt

  In this week's episode of Line Your Own Pockets, we interview Trent Smalley with DTN and IQFeed.We discuss:Why it makes sense for traders to pay for market data when brokers offer it for freeWhere bad ticks you see in your charts actually come fromWhat happens to market data before it hits your feedWhen you know you're ready to upgrade to a high quality feedAnd much more... ---Before you go!The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.I hope to see you there!