Handling a Trading Mistake

Line Your Own Pockets

#Trading #Business #Dave Mabe #Michael Nauss #Daytrading

33:58

On June 25th 2025, in collaboration with Open Folk, we presented our first ever live interview event in Los Angeles. As Open Folk put it: "In These Lines is a live event where three artists each bring one song — not just to perform, but to explore. They sit down with Sofia Loporcaro, host of Before The Chorus, to talk about where the song came from, what it meant to write it, and what it still holds. Then they play it. Just the song, and the truth behind it." Find Open Folk on Instagram: @openfolkla Find Gaby on Spotify: https://open.spotify.com/artist/0K9pSmFx0kWESA9jqx8aCW?si=Wz4RUP88Qlm_RKs7QTLvWQ On Apple Music: https://music.apple.com/us/artist/gaby-moreno/472697737 Instagram: https://www.instagram.com/gaby_moreno/ Find Lily on Spotify: https://open.spotify.com/artist/0p0ksmwMDQlAM24TWKu4Ua?si=Bmdg-uIUTHu-zRUc_dqL3g On Apple Music: https://music.apple.com/us/artist/lily-kershaw/526884610 Instagram: https://www.instagram.com/lilykershaw/ Find James on Spotify: https://open.spotify.com/artist/3u50TPoLvMBXNT1KrLa3iT?si=OoLoq7ZTRZyUiytQcz0FsQ On Apple Music: https://music.apple.com/us/artist/james-spaite/905076868 Instagram: https://www.instagram.com/jamesspaite/ Subscribe: ⁠⁠⁠⁠⁠⁠⁠https://beforethechorus.bio.to/listen⁠⁠⁠⁠⁠⁠⁠ Sign up for our newsletter: ⁠⁠⁠⁠⁠⁠⁠https://www.beforethechorus.com/⁠⁠⁠⁠⁠⁠⁠ Follow on Instagram: ⁠⁠⁠⁠⁠⁠⁠@beforethechoruspodcast⁠⁠⁠⁠⁠⁠⁠ & ⁠⁠⁠⁠⁠⁠⁠@soundslikesofia⁠⁠⁠⁠⁠⁠⁠ About the podcast: Welcome to Before the Chorus , where we go beyond the sounds of our favourite songs to hear the stories of the artists who wrote them. Before a song is released, a record is produced, or a chorus is written, the musicians that write them think. A lot. They live. A lot. And they feel. A LOT. Hosted by award-winning interviewer Sofia Loporcaro, Before the Chorus explores the genuine human experiences behind the music. Sofia’s deep knowledge of music and personal journey with mental health help her connect with artists on a meaningful level. This is a space where fans connect with artists, and listeners from all walks of life feel seen through the stories that shape the music we love. About the host: Sofia Loporcaro is an award-winning interviewer and radio host who’s spent over 8 years helping musicians share their stories. She’s hosted shows for Amazing Radio, and Transmission Roundhouse. Now on Before the Chorus, she’s had the chance to host guests like Glass Animals, Feist, Madison Cunningham, Mick Jenkins, & Ru Paul's Drag Race winner Shea Couleé. Learn more about your ad choices. Visit megaphone.fm/adchoices…

about a year ago 39:18

MP3•Episode home

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.

49 episodes

Handling a Trading Mistake

Line Your Own Pockets

published about a year ago

MP3•Episode home

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.

49 episodes

#Trading #Business #Dave Mabe #Michael Nauss #Daytrading

All episodes

1
Looking at P&L (Your's or Some Else's) Is Toxic 36:06

3 days ago36:06

36:06

Looking at your P&L while you're trading is toxic. This also applies when looking at someone else's results - perhaps even more so.

1
Your Backtest Looks Great - What Could Possibly Go Wrong? 52:52

10 days ago52:52

52:52

Be wary when going from backtest to live trading. You're at peak optimism, and if you're not careful, disappointment awaits. In this episode, we discuss all the ways a live trading can fall short of your backtest and what you can do about it.

1
When is your Strategy Good Enough? 40:49

17 days ago40:49

40:49

How to get out of backtest world and make the next steps to get your strategy live.

1
The Key to Backtesting: Your Library of Columns 46:09

24 days ago46:09

46:09

The second episode in our series on creating profitable strategies using backtesting. We review: How most traders backtest the wrong way How to add columns to your backtest What columns make the most sense How your "library of columns" gets more and more valuable over time

1
You're Probably Backtesting Wrong 44:04

4 weeks ago44:04

44:04

The first episode in a mini-series on how to create a trading strategy using backtesting.

1
How Real Traders Use AI to Trade 48:15

5 weeks ago48:15

48:15

We discuss Dave's recent experience using ChatGPT to create the Strategy Cruncher , a tool for optimizing your trading strategies. Prediction market for who will have the best AI model by the end of the year .

1
What Metric Should You Be Optimizing For? 47:53

6 weeks ago47:53

47:53

Every trader has an opinion on what the perfect metric is to evaluate a strategy and to optimize on. We discuss our favorites and why.

1
How Far Back Should Your Backtest Look Good? 46:21

7 weeks ago46:21

46:21

"If your backtest looks great for the last 3 months, why do you care what it looked like before that?" A trader Dave started coaching recently asked this question. The answer cuts to the core of why most traders give up on a trading strategy and end up quitting trading altogether. The Spurious Correlations website that was mentioned in the podcast.…

1
What to Prioritize 48:01

8 weeks ago48:01

48:01

You've got a lot of ideas, each requiring a certain amount of work. How do you decide what trading ideas are likely to pan out? Improving an existing strategy Creating a new strategy Related workflow tasks The ICE Method

1
Why Not Automate Your Trades? 34:06

9 weeks ago34:06

34:06

We discuss the most common objections traders have to using automation and how to get over the hump.

1
Learning From Top Performers 39:45

10 weeks ago39:45

39:45

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/

1
Interview with Jared Tendler 57:08

11 weeks ago57:08

57:08

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 in other fields Find more info about Jared on his website: https://jaredtendler.com/…

1
Should You Turn Off Strategies On Crazy Days? 36:45

12 weeks ago36:45

36:45

When 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.

1
Turning A Trading Weakness into an Advantage 39:02

13 weeks ago39:02

39:02

We 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.

1
How To Trade When Everything is Moving 45:04

14 weeks ago45:04