Go offline with the Player FM app!
460: What It Takes To Make A Living Trading Systematically - Pavel Kycek
Manage episode 425562894 series 113019
In episode 460 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Pavel Kycek in Prague, and they discuss what it takes to make a living trading systematically. Learn why expectations for returns should be realistic and based on market conditions.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode- 00:00 Introduction
- 00:41 Pavel's trading journey
- 02:19 Going from discretionary trading to fully systematic
- 03:23 How he stopped losing money
- 04:26 Do you only make money with discretionary trading?
- 07:15 High-level approach for systematic trading
- 08:30 Challenges and opportunities in crypto trading
- 09:51 How to know if you have an edge in trading?
- 12:10 Managing a portfolio of strategies
- 14:17 Making your strategy work without too many filters
- 16:17 Mean reversion strategies
- 18:16 Starting his company
- 19:53 How to decide when to exit the market
- 23:14 Pavel’s thoughts on take profits
- 25:07 Determining the kind of time stop for your trade
- 26:51 Common mistakes people make in trading
- 29:53 Is trading a zero-sum game?
- 30:53 Staying long-term in the market
- 32:20 How Pavel built his team for systematic trading
- 34:45 Transitioning to trading other people's capital
- 37:05 Insights on getting out during a drawdown
- 38:19 On turning off and adding new strategies
- 41:28 Expectations and risks in crypto and stock trading
- 45:54 How long will it take for crypto to be less volatile?
- 47:24 Where to find Pavel Kycek?
- and much more
What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!
Desire To Trade's Top Resources- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- Recommended brokers:
- Desire To TRADE Academy
-
- Subscribe via iTunes (take 2 seconds and leave the podcast a review!)
- Subscribe via Stitcher
- Subscribe via TuneIn
- Subscribe via Google Play
- See all podcast episodes
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
How to find Pavel KycekTwitter: @pkycek
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
521 episodes
460: What It Takes To Make A Living Trading Systematically - Pavel Kycek
Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
Manage episode 425562894 series 113019
In episode 460 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Pavel Kycek in Prague, and they discuss what it takes to make a living trading systematically. Learn why expectations for returns should be realistic and based on market conditions.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode- 00:00 Introduction
- 00:41 Pavel's trading journey
- 02:19 Going from discretionary trading to fully systematic
- 03:23 How he stopped losing money
- 04:26 Do you only make money with discretionary trading?
- 07:15 High-level approach for systematic trading
- 08:30 Challenges and opportunities in crypto trading
- 09:51 How to know if you have an edge in trading?
- 12:10 Managing a portfolio of strategies
- 14:17 Making your strategy work without too many filters
- 16:17 Mean reversion strategies
- 18:16 Starting his company
- 19:53 How to decide when to exit the market
- 23:14 Pavel’s thoughts on take profits
- 25:07 Determining the kind of time stop for your trade
- 26:51 Common mistakes people make in trading
- 29:53 Is trading a zero-sum game?
- 30:53 Staying long-term in the market
- 32:20 How Pavel built his team for systematic trading
- 34:45 Transitioning to trading other people's capital
- 37:05 Insights on getting out during a drawdown
- 38:19 On turning off and adding new strategies
- 41:28 Expectations and risks in crypto and stock trading
- 45:54 How long will it take for crypto to be less volatile?
- 47:24 Where to find Pavel Kycek?
- and much more
What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!
Desire To Trade's Top Resources- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- Recommended brokers:
- Desire To TRADE Academy
-
- Subscribe via iTunes (take 2 seconds and leave the podcast a review!)
- Subscribe via Stitcher
- Subscribe via TuneIn
- Subscribe via Google Play
- See all podcast episodes
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
How to find Pavel KycekTwitter: @pkycek
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
521 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.