Podcast appearances and mentions of adrian reid

Can trading systematically boost your trading performance?In this episode, Adrian Reid reveals how backtesting both your systems and your emotions can give you the edge in the markets.Tune in for practical mindset hacks that will help you remove emotional bias and trade with more confidence and control.Let me give you my trading plan template…Stuck in a cycle of losses? It's tough, and I know how disheartening it can feel.The key is learning from those losses and creating a plan that works for you.I've created a free trading template to help you get back on track. It's simple, practical, and designed to give you more control over your trades.Head to www.tradinggame.com.au and download it today. Get my free Hot or Not Special Report I've created a FREE Hot or Not Special Report that reveals the 3 hottest sectors—and the 3 coldest—in the Australian market.Save yourself time and frustration. With my help, you'll know exactly where to focus—and where to avoid.Download your FREE report now at www.tradinggame.com.au/hotornot and start making more informed trades today. Trade confidently. Louise Bedford is a best-selling author and founder of www.tradinggame.com.au and www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn

In this episode of the Risk Management Show, we uncover the role of systematic trading in managing market risks with Adrian Reid, an experienced trader and founder of Enlightened Stock Trading.  Adrian shares his journey of over 20 years in the trading world, emphasizing how systematic trading, with its rules-based approach, can help identify and manage market risks effectively.  We discussed strategies like mean reversion, rotational momentum, and diversification across markets, strategies, and timeframes to navigate volatility. Adrian also explains the role of technology and automation in minimizing human errors and enhancing decision-making in trading. Whether you're interested in risk management, sustainability, or understanding how technology, including AI, is shaping the future of systematic trading, this episode is packed with invaluable insights. Adrian's expertise and practical advice make this a must-watch for traders and risk professionals alike. Please check Adrian's course via the link below. enlightenedstocktrading.com/free  If you want to be our guest or suggest a guest, email us at info@globalriskconsult.com with the subject line "Podcast Guest Proposal." Don't miss out on this thought-provoking discussion designed to elevate your trading and risk management strategies!

Adrian Reid is a farmer on the North Shore of the Bay of Islands, He doesn't only harvest what he plants at his farm, Joie de Vivre. He also gathers food from the richness that nature has to offer. Reid spends time foraging for berries, mushrooms and other plants that grow wild in this province.

Buckle up because we've got a special treat for your trading journey! Adrian Reid, a seasoned trader with a wealth of experience, joins us on Better System Trader, in this special "Trading Triumphs: The Journey to Success" series, to get real about what it truly takes to succeed in the market.  In this discussion, we dig deep into 3 defining moments of Adrian's trading journey, to uncover what really helped him achieve success. We're unpacking the trials, triumphs, and timeless wisdom of trading. This isn't just an episode; it's a masterclass in perseverance and profit. Here are 5 keys you'll unlock in this episode (plus many more!):  The Marathon Mindset: Learn why trading is a long-haul game and how keeping a level head through the wins can define your success. Diversification is Your Safety Net: Discover Adrian's strategy for using gains to spread your risk and open new doors in the trading world.  The Power of Patience: Adrian spills the beans on how waiting out a staggering 27 losing trades in a row taught him the patience of a saint—and the payoff was heavenly!  Emotional Equilibrium: Get the inside scoop on handling the mental game of uncomfortable drawdowns without losing your cool (or your shirt).  System Adoration: Why falling in love with the process, the rules, and the rigorous testing of your trading system can be the most rewarding relationship you'll ever have. 

There are people who trade, and there are people who make computers do the hard work for them? How? By building a system and testing it. Adrian Reid explains some of the pitfalls of both approaches and unveils what he wishes he had known much sooner in his trading career.

This IS the season for all things pumpkin, and, today, there's a special meal being served up in Corner Brook that is making full use of some locally-grown pumpkins. We're talking giant pumpkins -- 450 pounds each -- grown by Joie de Vivre farm in Irishtown. Adrian Reid is one of the farm's owners. Madison's Restaurant in Steady Brook is turning the pumpkins into a hearty pumpkin soup. Erica Park is food and beverage manager at Madison's. Virender Singh, known to most people as Viru, is executive chef at Madison's.

  Making A Living Trading For 20+ Years - Adrian Reid In episode 387 of the Desire To Trade Podcast,  we will be listening to the recording of an interview with Adrian Reid who's making a living trading for 20+ years. Hear about Adrian's journey from no plans to staying in the game with simple and successful trading strategies. Find out why it's more satisfying for him to follow his systems than closing a trade. If you're looking for strategies on how to become a highly-profitable systematic trader, you need to tune in! The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:15 Who is Adrian Reid? 00:33 Adrian's first trading experience 02:25 From no plan to systematic trading 04:41 Finding the right strategies 07:08 "Make it your own" 08:14 What makes a good system? 11:51 How Adrian makes a distinction between good enough and "perfect" strategy 13:40 Dealing with correlations in trading 15:28 How do you make your risk-averse personality work with trading? 20:29 Mistakes people make when they trade systems 23:59 Confidence in trading your systems 25:49 On drawdowns... 27:08 How much time Adrian puts into learning or trying out new systems 28:16 Algos vs. automated systematic trading 31:27 What Adrian likes about strategy development 34:13 Backtesting crypto 36:07 How long it takes to be profitable 40:05 Where to find Adrian Reid and much more What adjustments will you make after listening to this podcast? 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: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast 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 How To Find Adrian Reid? Free Resources, Course, and eBook for Listeners (Trader Transformation Bundle) Adrian's Website: enlightenedstocktrading.com YouTube Channel Twitter Facebook Instagram What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!  

Adrian Reid is a full-time private trader based in Australia and also the Founder and Trading Coach at Enlightened Stock Trading, which focuses on educating and supporting traders on their journey to profitable systems trading. Following his successful adoption of systematic trading which generated him hundreds of thousands of dollars a year using just 30 minutes a day to manage his system trading workflow, Adrian made the easy decision to leave his professional work in the corporate world in 2012. Adrian trades long/short across US, Australian and international stock markets and the cryptocurrency markets. Website: https://enlightenedstocktrading.com --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Did you know that most investors lose money trading? What if you had a method to trade stocks profitably using just 20-30 minutes a day? Adrian Reid is the Founder of Enlightened Stock Trading, which focuses on educating and supporting traders on their journey to profitable systems trading. Adrian's systematic trading workflow generates several hundred thousand dollars a year and only requires 30 minutes of his day to manage. He trades long and short across United States, Australian, and international stock markets, as well as the cryptocurrency markets, and his trading systems have consistently outperformed international share markets with dramatically reduced risk over the past 18 years. Adrian teaches traders from all over the world how to get profitable, confident, and consistent by trading systematically and backtesting their own trading systems. He helps traders grow smooth returns by implementing a portfolio of trading systems to make money through different markets and market conditions. Today's episode will motivate you to become a more successful investor through systematic trading. Which attributes from Adrian would you consider adding to your Success Portfolio? Highlights of the episode: · The only control you have after buying a stock is when to exit · When you encounter a new challenge, get curious not frustrated · Focus on becoming a good trader, not solely on making money · The trading system that works for you must fit your personality, objectives, and lifestyle · The danger of following the advice of a “financial guru” · The fast way vs. the slow way of paying for trading education Additional resources: · EnlightenedStockTrading.com/EricMueller · The Crypto Acceleration Bundle (FREE Download) · Enlightened Stocking Trading ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- Subscribe to the show: · Apple Podcasts · EricRMueller.com · Spotify --- Support this podcast: https://anchor.fm/ericmuellershow/support

One of our most requested guests to come on our show was someone to with experience in crypto trading. I made sure to find a credible individual to bring on to ensure maximal value to our audience.  Meet Adrian Reid, a stock and crypto trader for over 20 years! He has implemented a systematic approach to trading crypto that provides consistent returns over the long haul. He makes it abundantly clear what trading is and what he offers. There is no magic wands to make you rich overnight but if you want long term success as a trader; his advice is golden. Podcast link: https://linktr.ee/cryptoleviathan   Adrian Reid's Links:   Link to get The Crypto Acceleration Bundle - A free trading course called The Millionaire Trader Code and resources to improve your trading immediately: https://enlightenedstocktrading.com/cryptoleviathan/   My website: https://enlightenedstocktrading.com/   My Twitter: https://twitter.com/EnlightenStock   Facebook: https://www.facebook.com/enlightenedstocktrading

Summary: How much longer will we have to endure the treacherous economic waters? Adrian Reid comes on the show to give us some insight on the how these trends will play out in the near future, reminding us of some of the factors that contribute to a bear market. It's more important than ever to study market history and know what the markets are capable of in these conditions. Tune in for more knowledge and tips from Adrian. Highlights: -We're in a category five economic storm around the globe, creating treacherous waters for investors -How much longer will this trend continue? -If we don't get inflation under control, bad things are going to happen -The biggest up days and strongest rallies occur in bear markets. It's important not to be fooled; be wary of jumping on board -Many traders/investors lack patience, which is their biggest downfall. In the markets, you have to adopt a long-term view -Look for long-term change in a trend and lower volatility -Market volatility remains high, but we're not in a bull market -Knowledge of market history is crucial. It's important to look at charts (i.e. DOW, S&P) and study them at a granular level -Eventually, we're going to have to start looking for a bottom, but it's important to be patient Useful Links: Financial Survival Network Enlightened Stock Trading

Adrian Reid is a private trader, as well as the Founder, Mentor, and Trading Coach at Enlightened Stock Trading which is dedicated to educating and supporting traders on their journey to profitable systems trading. Enlightened Stock Trading's goal is to help you achieve financial freedom and your ideal lifestyle sooner by building a trading system which suits your objectives, personality and ideal lifestyle. Adrian offers substantial support on trading systems, coaching and education.  In this episode of How To Trade It, Adrian talks about how he can help busy professionals achieve financial freedom through systematic portfolio-style trading. You don't want to miss it!Subscribe to How To Trade ItYou'll want to hear this episode, if you are interested in…[02:08] Adrian's fascination with stocks[04:40] How to know when it's time to quit your day job[14:50] Adrian's daily process[19:54] Backtesting the right way[27:24] How to maximize profits[30:17] Managing risk and draw downEnlightened TradingWhen Adrian started trading and training people, he saw all sorts of crazy stuff.  Traders were making mistakes in psychology, as well as in techniques and strategy implementation.  The name “Enlightened” came about when Adrian discovered that the most helpful thing to successful trading was to learn about yourself.  He now teaches people to develop strategies that are easily executed because they take into consideration the trader's own mind, personality, objectives, and lifestyle. This approach makes trading easy and natural because it's so personalized.  Don't Quit Your Day JobAdrian encourages traders not to quit their day job too soon.  Instead, you should use your day job to fund your trading account and grow it big enough to one day get the freedom that you truly desire. If you don't rush the process, you eliminate the stress that comes with being forced to be profitable. Adrian feels that many traders get this backward. Trading doesn't have to be stressful.  When trading becomes mechanical because you are following a straight-forward strategy, you are able to eliminate the wild and worried emotions that many traders experience. Spend as much time as necessary developing your strategies, and when you start making more trading than in your regular 9 to 5, then it's time to quit your job and enter full time trading.         Resources & People Mentioned AmiBrokerThe Trader Acceleration Bundle (FREE resource for podcast listeners) Connect with Adrian Reid Website:: www.enlightenedstocktrading.com LinkedIn:https://www.linkedin.com/groups/8486429 LinkedIn:https://www.linkedin.com/in/course-on-stock-trading/YouTube:https://www.youtube.com/c/EnlightenedStockTradingFacebook:www.facebook.com/enlightenedstocktradingSupport the show

Podcast Notes How to be a successful traderQuality to see on a coach or a mentor Strategies and understand tradingMistakes that you see newbies makeCan people trade successfully over the long termLINKSCrypto Acceleration Bundle - https://enlightenedstocktrading.com/personalbrandtalk/ Website - https://enlightenedstocktrading.comListen to the latest tips, tools, and strategies for Business, Success, and Marketing on Australia's #1 Brand Podcast - PERSONAL BRAND TALK with Cam Roberts. Search for "Cam Roberts Podcast Show" on the web, Itunes Podcasts or Spotify. =====YOUR NEXT STEPWant some help to build a remarkable brand or business?Here are 3 options to select from as a next step:1. Download your FREE Branding Guide2. Book a Complimentary Zoom Call3. Learn more about working with me....Click here now: https://camroberts.com.au/linktree/...

Adrian Reid is a full-time trader based in Australia and also the Founder and Trading Coach at Enlightened Stock Trading, which focuses on educating and supporting traders on their journey to profitable systematic trading. Listen in! Key Highlights: [00:01 - 18:18]  The Key to Managing Your Investment Portfolio The principle of diversification is to go as far as you can get as many diversified income streams or profit sources that you can. Crypto is not correlated to stocks, has different cycles and time scales, and offers a great opportunity for diversification in a portfolio. Systematic trading is a rules-based approach to trading that aims to find profitable opportunities in the market. Most traders might have some systematic elements don't trade systematically. This may result to panic and lead to hurdles in creating financial decisions. .[18:19 - 27:20]  How to Avoid the Pitfalls of Trading It's important to have rules that are tested and validated to be profitable. Without confidence in the rules, most people will freak out and misbehave. Leverage exists to help brokers make more money, not to help you make more money. Increasing your leverage drastically increases your risk of blowing up your account. To stay in the game as a trader, you have to be willing to lose money and take losses. [27:21 - 32:07]  Questions to Ask Your Financial Advisor There is a need for systems to be applied to markets in order to make money, and the best way to do that is through a systematic approach. The biggest lesson learned for Adrian is that having rules that are profitable and that have confidence in them is key to success. [32:08 - 34:18] Closing Segment Want to learn more about Adrian's systems? Go to https://enlightenedstocktrading.com/colloquium/ (https://enlightenedstocktrading.com/colloquium/) to find articles, tip sheets, and a free course on how to get started. Key Quotes: “If you don't have absolute confidence in your rules, as soon as you have a bit of a dip in your account, most people will freak out and start misbehaving. You know, they'll bend the rules or break the rules, they'll start trying to trade more aggressively to make their money back, or they'll stop taking trades, because they're afraid of losing more, you know, all of these behaviors are inconsistent.” - Adrian Reid “Have a set of rules that is profitable and build absolute confidence in those rules. Because if you have absolute confidence, you can follow them, you can have the discipline.” - Adrian Reid Connect with Adrian: Website: https://enlightenedstocktrading.com/ (https://enlightenedstocktrading.com/)  Facebook: https://www.facebook.com/enlightenedstocktrading/ (https://www.facebook.com/enlightenedstocktrading/)  YouTube: https://www.youtube.com/c/EnlightenedStockTrading (https://www.youtube.com/c/EnlightenedStockTrading)  Twitter: @EnlightenStock Free Resources Exclusively for The Capital Club Podcast Listeners: https://enlightenedstocktrading.com/colloquium/ (https://enlightenedstocktrading.com/colloquium/)  Connect with me onhttps://www.linkedin.com/in/brian-c-adams/ ( LinkedIn)! LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON!

On this episode Sea Will & Adrian Reed talk about trading equities in the USA and international markets. Welcome to the Passive Income Network. On this channel we talk about creating assets that produce passive income. We'll discuss building passive income in three ways; through the stock market, online business, and cryptocurrency. CONNECT: 

LifeBlood: We talked about successful trading, how the markets have evolved over the past 25 years, what it takes to be a successful trader, and how to get started, with Adrian Reid, Founder of Enlightened Stock Trading.   Listen to learn if you don't have established trading rules, all you're doing is gambling! You can learn more about Adrian at EnlightenedStockTrading.com, Facebook, Twitter, Instagram and LinkedIn. Thanks, as always for listening!  If you got some value and enjoyed the show, please leave us a review wherever you listen and subscribe as well.  You can learn more about us at LifeBlood.Live, Twitter, LinkedIn, Instagram, YouTube and Facebook or you'd like to be a guest on the show, contact us at contact@LifeBlood.Live.  

Free Stock Course w/ Enlightened Trader: https://enlightenedstocktrading.com/marketadventures/ Free Discord. Join today: marketadventures.co/community Visit the Website: https://marketadventures.co You DON'T need to win every trade to be successful in the stock market....For beginners in the stock market, this episode is crucial. Share with friends. Remember, as you begin searching for answers to life's challenges, don't seek security, seek adventure. seek security, seek adventure Welcome to the Market Adventures Podcast where I believe everyone should be able to participate and secure their future using the stock market – so I build simplified content to empower and enrich everyone. My name is Alex Cunningham and we live in a society where financial education is not prioritized. Because of this, I've decided to document my journey to creating financial freedom through the stock market for my family and teaching you to do the same. Financial freedom can mean something different for each of us and, not surprisingly, there are many different vehicles one can use to get there. It's important to understand who you are and what you want when deciding which vehicle is right for you. The stock market is a great vehicle for those who want freedom from the physical and social burdens of traditional business. Newsletter: https://marketadventures.substack.com/welcome Instagram: http://instagram.com/marketadventurespodcast Twitter: http://twitter.com/investingpod --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/marketadventures/message Support this podcast: https://anchor.fm/marketadventures/support

Free Stock Course w/ Enlightened Trader: https://enlightenedstocktrading.com/marketadventures/ Free Discord. Join today: marketadventures.co/community Visit the Website: https://marketadventures.co You DON'T need to win every trade to be successful in the stock market....For beginners in the stock market, this episode is crucial. Share with friends. Remember, as you begin searching for answers to life's challenges, don't seek security, seek adventure. seek security, seek adventure Welcome to the Market Adventures Podcast where I believe everyone should be able to participate and secure their future using the stock market – so I build simplified content to empower and enrich everyone. My name is Alex Cunningham and we live in a society where financial education is not prioritized. Because of this, I've decided to document my journey to creating financial freedom through the stock market for my family and teaching you to do the same. Financial freedom can mean something different for each of us and, not surprisingly, there are many different vehicles one can use to get there. It's important to understand who you are and what you want when deciding which vehicle is right for you. The stock market is a great vehicle for those who want freedom from the physical and social burdens of traditional business. Newsletter: https://marketadventures.substack.com/welcome Instagram: http://instagram.com/marketadventurespodcast Twitter: http://twitter.com/investingpod --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/marketadventures/message Support this podcast: https://anchor.fm/marketadventures/support

Trading cryptocurrency can be a way to build significant wealth, or it can result in unpleasant losses. The difference between winners and losers when trading stocks or crypto often comes down to systems and strategy. On this episode, Adrian Reid, a full-time trader based in Australia and the Founder/Trading Coach at Enlightened Stock Trading, joins to offer up powerful tips and insights for trading crypto successfully.

Free Stock Course w/ Enlightened Trader: https://enlightenedstocktrading.com/marketadventures/ Free Discord. Join today: marketadventures.co/community Visit the Website: https://marketadventures.co You DON'T need to win every trade to be successful in the stock market....For beginners in the stock market, this episode is crucial. Share with friends. Remember, as you begin searching for answers to life's challenges, don't seek security, seek adventure. seek security, seek adventure Welcome to the Market Adventures Podcast where I believe everyone should be able to participate and secure their future using the stock market – so I build simplified content to empower and enrich everyone. My name is Alex Cunningham and we live in a society where financial education is not prioritized. Because of this, I've decided to document my journey to creating financial freedom through the stock market for my family and teaching you to do the same. Financial freedom can mean something different for each of us and, not surprisingly, there are many different vehicles one can use to get there. It's important to understand who you are and what you want when deciding which vehicle is right for you. The stock market is a great vehicle for those who want freedom from the physical and social burdens of traditional business. Newsletter: https://marketadventures.substack.com/welcome Instagram: http://instagram.com/marketadventurespodcast Twitter: http://twitter.com/investingpod --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/marketadventures/message Support this podcast: https://anchor.fm/marketadventures/support

Free Stock Course w/ Enlightened Trader: https://enlightenedstocktrading.com/marketadventures/ Free Discord. Join today: marketadventures.co/community Visit the Website: https://marketadventures.co You DON'T need to win every trade to be successful in the stock market....For beginners in the stock market, this episode is crucial. Share with friends. Remember, as you begin searching for answers to life's challenges, don't seek security, seek adventure. seek security, seek adventure Welcome to the Market Adventures Podcast where I believe everyone should be able to participate and secure their future using the stock market – so I build simplified content to empower and enrich everyone. My name is Alex Cunningham and we live in a society where financial education is not prioritized. Because of this, I've decided to document my journey to creating financial freedom through the stock market for my family and teaching you to do the same. Financial freedom can mean something different for each of us and, not surprisingly, there are many different vehicles one can use to get there. It's important to understand who you are and what you want when deciding which vehicle is right for you. The stock market is a great vehicle for those who want freedom from the physical and social burdens of traditional business. Newsletter: https://marketadventures.substack.com/welcome Instagram: http://instagram.com/marketadventurespodcast Twitter: http://twitter.com/investingpod --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/marketadventures/message Support this podcast: https://anchor.fm/marketadventures/support

An interesting conversation with Steve, Adrian and myself. I hope you enjoy it as much I did.

Welcome, everybody. In this episode, we learn the secrets of systematic growth for your portfolio. Grant Okay, everybody, welcome to another episode of Financial investing Radio, I'm excited to have in the house with me today, Mr. Adrian Reid coming all the way from Australia, which is fascinating to me that I have this opportunity to get connected with this professional trader on the other side of the planet, literally from where I'm sitting at the moment. First of all, Adrian, welcome. Adrian I'm thrilled to be here. Thanks so much for having me on the call. And isn't this just a fantastic part of the world? You know, we we can communicate from the other side of the world we can we can help traders from all over the world. And there's just really no boundaries now. Grant There really isn't. I love that. And what I love is your willingness to get on and share tidbits and insights, right to help the everyday trader who's really trying to figure out how can I grow my portfolio in a way that's going to manage risk? And I know you've got some excellent insights on that. But before we get into that, would you mind stepping back and sort of thinking, what's your origin? How did you get into trading? What even brought you to that part of the world at this point? Adrian Yeah, absolutely. Sure. So I've been trading for about 20 years or so now, plus or minus, let's say, six months. And What first got me interested in was actually well, before that, well, before that, my family had a board game, in, in our holiday house, called the stock market game. And I have these amazing, fascinating memories of playing the stock market game becoming a paper billionaire by going around the board and buying lows and selling highs and collecting dividends and stock splits and all of these things. And it was just fascinating. Like, oh, this is this is the best thing ever, was my recollection as an eight year old. Now, I didn't trade or invest for a long time after that. But that was sort of my first memory of the stock market. Wow. And when I started work, I pretty quickly came to the realization that I didn't want to be in the corporate world forever. You know, I was commuting. I was working extremely long hours, I had a lot of high stress right from day one of my first job. And I said to my dad at the time, oh, it basically is this one. It's like, Aha, yeah, I don't want to do this forever. So what do I have to do to not have to do this forever. And we talked about investing, and we talked about stocks and the stock market and real estate and other forms of investing. And so I just started down that, that journey. And when I first came across some money, you know, from from work, I started, I started buying stocks. And I did the typical thing. You know, I didn't actually know anything, but I didn't know that I didn't know anything. So I bought stocks in companies that I recognized that I thought were big names, good companies.  Grant And now this is gonna go up, right?  Adrian Yeah, yeah, this is gonna go up. This is a great story. And there's a big company, um, you know, I recognize that this is gonna work and I'm smart. So therefore, I should make money. And of course, what happens? You know, I bought in exactly the wrong time it went down. I lost money. Very, very cool at the peak, right? Yeah, yeah, absolutely. And so I look, I played around with that for a period of time. And it took me three years of trying lots of different styles. Before I actually started making money on it in the corner. I tried that fundamental animal. Grant First of all, that's impressive that you were able to, so you didn't trade to the point where you lost all your capital, right? You are at least wise enough not or did you at times, say hey, I blew it all out. I gotta rebuild. Adrian Oh, I had no look. Absolutely. I have never blown up an account. So when I think one thing that I've really got, that I did well, from the very beginning was always very cautious about risk. And this is critical, right? Because if you blow up your account, the problem is you've got to then go back to work, you know, save money, and that takes time and You've got to build up the courage and that takes time and you're gonna put the money in the market and and then try again. And then chances are you blow it up again. So as soon as you blow up and lose your money, you've just wasted months and months and months. So from the very beginning, I took small trades, small positions, low risk. And I had learned a little bit about risk control from some of the books I read. And for three years, I was able to survive and on my account sort of went sideways and down a bit and sideways and down a bit, but never really made any gains. But the thing that turned the corner was I, I read a series of books called Market Wizards, which no doubt you've read or seen. And Market Wizards is fantastic, because it's a series of interviews with professional traders who have done extremely, extremely well. And as I was reading through it, I realized that all of these traders have their own unique style. And some of them really were like, really resonated with me. And some of them were like, it was an alien from another planet. And what I realized by reading through those interviews is I had to find a style that really fit me suited my personality. And the one that resonated, the ones that resume the most were the systematic traders, the ones that have rules and did tests to check those rules worked, and then followed those rules. And the reason I resonated is because they didn't spend every waking and sleeping hour staring at the screen. Mm hmm. They spent 15-20 minutes, 30 minutes a day running their rules, placing the trades and that was it. And that's what I needed. Yeah, because I was working a job I you know, I didn't have enough capital to live on my trading back then. Yeah. And so I started trading systematically. And you know, I took three months off work to develop my first trading system. Grant Really? Yeah. So you took some sort of sabbaticals? Adrian Yeah, I just I just said, Look, this is, I want to do this. And so I took three months off, and they my boss basically laughed at me and said, Good luck with that, you know, trading. Okay. Yeah, right, right. So I didn't get a whole lot of support them from from anyone else apart from my wife and my family. But you know what, when I implemented my first trading system, my results basically turned around on a dime. So if you look back at my equity curve, you can pinpoint to the month where that trading system went live. And that's because all of a sudden, I was consistent, and profitable, I had an edge. And from then on, it's just a matter of patience, of continuous improvement, and adding capital, and then eventually to get there. Grant So let me ask you this, in terms of the trading system that you've developed and matured over time, what's your general timeframe? And are you in your positions for a few days? Several months? I mean, what's, what range do you trade? Adrian Yeah, this is a good question. This comes back to the idea of it's got to fit your personality. So I'm a fairly patient sort of person, I don't like frantic activity, I don't like you know, really fast paced decisions in high stress. So I'm, I'm a longer term, sort of hold. My my favorite style is long term trend following. So that could be I could be in a position for many months. But I'm quite, I'm quick, systematically to cut my losses. So if I if I, if I enter a trade and hits my stop loss on day one, I'm out, I don't care. I'm very comfortable with that. So trend following is my natural kind of place that I gravitate to. But I have shorter term systems and mean reversion systems that are quite short term, because now having evolved as a trader and got comfortable with what the markets can do, and how they move, I can trade other styles outside my sort of natural center, if you like.  Grant So the key for us is to establish that main style of trading get good at that make that consistent, once you've got that producing now look at considering other styles that I hear you right? Adrian Yeah, absolutely. Yeah, absolutely. Absolutely. Because I think as humans, we, we have a natural sort of center or personality or style that will fit best with us. And let's face it, trading is kind of hard, emotionally. And so if you're, if you're challenging yourself with a style that doesn't fit, and the market is challenging you with all of the, you know, the volatility, the ups and downs, the uncertainty, it's pretty difficult to stick to the rules. But if you have rules that are somewhat natural for you, they fit you and you follow them, then you can learn all the emotional essence from the market deal with those and then branch out. I think that's key. Grant Well, so earlier, when you made the comment, hey, you went to your corporate job, and it was stressful. The thought that went through my mind was trading can be stressful. So what is it that protects you, right? It's a different kind of stress. How do you equate the two stresses? I've got corporate job, let's say and their stress is there. But wait a minute, I've got training in the stress. How are those different In your mind, Adrian I find that different, the types of stress are different in terms of the duration, intensity, and how much control you have over it. So in the corporate world, what I found was, I was just under constant pressure to do more and more and more and more and more and more, and anything that I could produce, the corporate machine still wanted more. And if I wanted to perform even better next time and get a bigger bonus, then I had to produce more. So it was relentless. Whereas in the market, and it's also externally imposed, you can't do much about it, apart from resigned from the job, if you no longer like it, you know, it's sort of outside your control is what I think you don't feel. I felt that way. Now, in the market, the market is also outside our control, we cannot control the market. But we can control certain things which are really, really important. We can control whether we are in the market or not. And we do that through our system rules that we trade with, we can control how big our positions are. So that whether or not the volatility causes stress or not. So if you position size very aggressively, you're going to have more stress and more stomach acid in your life. If you position size conservatively, you're gonna have less. So we can also control what strategies we use. If you're long, lonely, and you're highly leveraged, it's going to be amazing and pretty stress free in the middle of a bull market, that the end of a bull market as it's turning, it's going to be extremely stressful. But if you're long only, you don't use that much leverage. And you've got some some short term systems and some long term systems, and you can make money from a bear market. And you can make money when the market turns because you've got different strategies, then some of that stress is really dealt with, because you're diversified in a way I saw. Grant So if someone's new to trading, does it make sense for them to approach it that way? From the beginning? Or do they still need to get really good at say, their first initial personality style related system? And then over time, then build that more equitable approach to trading? Adrian I get really good question I, I think the answer is you've got to start somewhere. And in order to start, you've got to make sure it's not too overwhelming. So I would say start with one system, or one strategy that you can quickly build confidence with. And it really helps to have a guide to kind of step you through that. But if you've got a like someone to model or someone to follow, you can quickly move from one simple strategy to a diversified portfolio. And so, you know, I teach traders and I teach a lot of brand new traders, and I've taken people from knowing absolutely nothing to a very diversified portfolio in a couple of months. So it really is just, oh, wow, a couple of months yet. Because when you when you are given a set of rules that work, and you're given the tools and knowledge to test and evaluate those rules for yourself, so you can build confidence in them, then you can start trading. And then you just you start trading one set of rules, then you get another set of rules, and you test and evaluate that. And then you can start trading now, and then the next set and the next set. So you can pretty quickly build a portfolio of strategies, if you're not trying to figure everything out on your own. Right. Grant Okay, so you started to address some of the questions I had for you, which is how long does it take for someone to get proficient using your system? And it sounds like the first part is they could begin some level of proficiency within two months. Is that accurate?  Adrian And for both a completely new trader who is motivated and willing to learn and willing to ask questions can be up and running in in with a system in a month or less, then with a portfolio of systems within two to three months. Grant And when you look at that person going after a portfolio, what sort of capital do they need to bring to to this trading style. Adrian So my style is all systematic, and each system is a diversified portfolio of instrumental positions that are hold so what let's say one of my trend following systems in stocks, that makes money as stocks just continue up on their their long trend and then when stocks turn around and go down, it gets out and takes you to cash, that system might hold 20 simultaneous positions. Okay, now, if you're trading the Australian market, the Australian market has this unfortunate rule where each trade has to be $500 in value. You can't place a new trade for $200 It's five Under dollar minimum, so for that system on Australian, you need $10,000 to trade it properly, but in the US not so. And in the Asian markets not so so. So you really, you can start with just a couple $100 Or a couple $1,000 If you choose the right market. And this is one of the reasons why the cryptocurrency market is so great, because you can you can trade a diversified portfolio in the crypto markets with very small positions, and there's no minimums, and the costs are very, very small to trade it. So you really capital isn't really a barrier to entry anymore. It's it's really the learning that is the barrier to entry, you've got to have rules that give you an edge. And you've got to have absolute confidence in those rules. That's what you need to win really. Grant So the biggest challenge that seems over the years in the years that I've been trading as, as the discipline trader mentality, right, the ability to stick with those rules. So what tips or techniques do you have for, for sticking with the rules, right? Not letting the emotions overcome saying, Hey, I'm just going to take the loss, not doing revenge trading, etc. Right? What What are your tips for sticking with the rules? Adrian Yeah, this is this is great, because when I before I, before I became a systematic trader, I was a discretion. I did discretionary technical analysis, and I did fundamental analysis, and I really struggled emotionally. And systematic trading really helped. Because there was no, there's no ambiguity. If you have a system, which is objective that tells you if A and B and C happens you buy if D or E happens you sell, you don't have to wonder, is it a buy signal? Or is it a sell signal? So I think most people will benefit hugely by trading systematically, rather than with discretion. That's the first thing. Second thing is your system won't make money all the time, and it won't be profitable on every trade. It's the the your account is gonna go up and down gradually on a path to building your wealth. So you've got to be comfortable as the account swings around. And the biggest trick to getting comfort is building confidence in the rules. So we have our rules, like I can give you the best trading rules in the world. But if you haven't tested and evaluated them for yourself, then when they start losing money and going into drawdown, it's gonna be really hard for you to keep following them. Right? If you've tested them, and you know, okay, for this set of rules, a 15% drawdown is perfectly normal, or three or five losses in a row was perfectly normal. And if I just keep falling it, I'll come out the other side, if you've done that work, not me telling you that's the case you actually doing the testing, then you can sit comfortably knowing this is perfectly normal. Grant So do you provide the traders with a certain level of back testing tips and techniques to prove that out? Adrian Yes, absolutely. I think this is the the most important thing, because what what most people ask is, what stock should I buy? What crypto token should I buy? The next level of question? It's a very basic question. Next level of evolution is what rules should I follow? Yep. And if someone asks you what rules should you follow? They've evolved beyond keep trying to get tips, right? They're trying to get a process. The Evolution above that is I these are my rules. And I have confidence in them, because I've tested them. And I've evaluated them. So the most important part of my program, my teaching is actually the the back testing, the evaluation, the optimization, improvement of systems, yes, I give systems, but I don't want you to believe and trust me that those systems work. I want to give you the skills and tools to make that decision for yourself. So you can actually follow them in good times and bad. Does that make sense? Grant Oh, total total sense. Yeah. That way that you have a greater probability of being disciplined of sticking with that system and not not bailing when you shouldn't? Or not being able to get back in when you should? That's, that's right. Yeah, yeah. critical aspect for them. So when you think about the portfolio's you've talked about you doing stocks? You doing crypto? Do you do have an approach where you separate the portfolio across those? Or is is crypto always part of it? Or do you just focus in crypto with some of your trading strategies, but different ones in stocks? I know it's a long question. And how do you distinguish between the two trading? Adrian Yeah, it's a good question. It's a good question. And one of the one of the things I realized when I started researching into systems is that different markets move and behave differently. So you know, gold moves differently to oil moves differently to the stock indices moves differently to the Australian stock market. So my rules are developed for each market. Now a great set of rules will probably work on several markets, but you design it for a certain market. So I have rules for the Australian stock market rules for the Hong Kong Stock market rules for the US stock market. And I have rules for the crypto markets and then different. What I have that sits above all of those systems is a capital allocation model. And I say, okay, for my portfolio, I have this X percent in system one y percent in system two, Zed percent in system three, and so on. And each day, when I'm calculating the size for my positions, I go all the way to the top and say, Okay, how much money do I have in my accounts? What are the percentages for each system? And then within each system, how do I size each trade. And by cascading it down like that, you do a couple of things, you make sure you stay diversified, you don't get concentrated, you make sure your risk on each trade is low, and red linked to the amount of capital you've got in that system and in in total in your account. So the systems are all separate, but they essentially trade a common pool of money and have an allocation to each system, which keeps everything safe and balanced. Grant Okay, so. So having that in place, then it makes total sense to, to organize it that way. And it sounds like because I've traded lots of different markets like you having the rules that are that are unique to market makes total sense. Because each one of them has different personalities, even with the same let's say it's us base stocks, then even even each of those have their own sort of personality and characteristics. And so the question is, you know, trading apples gonna behave differently than trading IBM, right? Or whatever, right, that they all have that? So my question is, what in your trading system in terms of your rules? How far down do you get? Do you get to individual stock sort of rules, or you keep it to sort of industry or sector rules, how far down you go with that. Adrian So for me, personally, I usually go down to a market, I trade one set of rules that would be applied to a, an entire market or a subset of that market, like, I have a set of rules that would be applied to stocks in the s&p 500, I have a set of rules that would be applied to the entire US stock market. So NASDAQ, Amex NYSC, not pink sheets, for instance, I have a set of rules that isn't applied to the entire Hong Kong market, and the entire Australian market. So I sort of play at that level, you can develop systems at a lower level. But the trouble is, the lower you go, the less trades you get in your back tests, the less confidence you have that the rules really work. Grant Yeah, that's what I was wondering about your comment about back testing, I started thinking, Oh, wow, because I know the personalities of some better than others, I obviously don't trade all of them. And after a while you find a few that you feel like you start to understand. So you focus on those, I started like, wow, if you're gonna do that back testing against each of those different types of personalities, that's that's a lot of work. To do that back testing. Adrian The back testing is probably not as much work as you think. Because the the way, the way I do it is I have a subscription to a data provider, which gives me all of the stock history for all of the stocks on all of the markets. Okay, I put that into some trading software, I use Amy broker, there's other software, but Amy broker is probably one of the best, best value trading sort of back testing software's. And in the software, I codify the rules and the portfolio management principles and rules in the position sizing. And then I can back test using those rules on the entire market all at the same time. So once I've coded to run a backtest, over 30 years of history, over 1000s of stocks listed on the US market takes about a minute. Oh, really? Wow. Okay, so we're not doing this manually? Oh, guess. It's not just a matter of pressing the backtest button and saying, oh, it's profitable. There's steps you need to go through in the analysis to validate Oh, it's profitable, it's stable, the rules are all significant. I haven't over optimized or fine tune my system to particular trades or the past data. So back testing is really a process. But the labor intensive stuff is taken out of it by the software. Grant So that makes it it makes total sense. Because I've both written code on as well as use multiple back testing systems. And I know they can become quite involved. My question is now with that back testing strategy that you have, as you then go to apply it, is it the human that's clicking the button, or do you do leverage software that actually says Oh, well, hey, here's the point to actually execute based on these rules. And therefore it executes that for you. Adrian Yeah, it can be both. So on the crypto side, my trading is 100% automated, I literally, I don't do anything, I just monitor that the program, the algorithm is working. And I get a report at the end of each day saying these are the trades you placed. And I just make sure that that's all, you know, in line. On the stock side, it depends on the style of the type of stocks you're trading. So if you're trading extremely high liquidity stocks, like let's say you only traded stocks in the S&P 500, it's pretty easy to fully automate that one. It's less troublesome to fully automate that. And I won't say too easy because there's a bit of tech involved in the automation, if you're trading penny stocks, or smaller caps, where there's a little more risk of slippage, and you want to be a bit more careful with your entries, probably less wise to trust that to a piece of software to place your trades for you. So I do most of my I do my stock trading manually. Okay, but I'm moving to automation on that side for selected systems, not for every system. Yes, but I think the advantage is, on the stock side, I'm only trading once a day or once a week. And so it still takes very little time, even though the execution is not automated, I literally spend 15 to 20 minutes a day, placing orders. And that's all I do on my trading, it's really quite quick when you trade systematically. Grant That's amazing. So if I pull it back then to you got a brand new trader, they're gonna put in about two months of effort before they can maybe get a portfolio in place. I'm assuming initially, that's probably manual trading activities, but over time, then they take on more and more automated capabilities. Is that fair? Adrian Yeah, they could if they wanted to, if they were comfortable with the technology to do so, as some people are not, you know, they're not programmers by background. And some of those, you know, the API's or that is it's not straightforward. So you don't have to do that. I've traded for 20 years, and I'm still doing some trades manually, that, you know, 1520 minutes a day doesn't stress me out too much. So I'm okay with that. Grant Yeah, yeah. If you are stressed out, Adrian, then yeah, I'd say well, wait a minute. No, that's not stress 15 to 20 minutes. Um, so quick question. When you talk about the profile of your, you know, the students, the people that you take through this, can you describe a few profiles of people that tend to do well at this,or I have literally taken all sorts. Adrian So, you know, I have on one extreme, the people who gravitate most naturally to systematic trading, and typically, typically analytical types, engineers, scientists, accountants, people who are comfortable with computers in code. And they will typically pick it up very quickly, they'll they'll see the value in the analysis, they won't be stressed out by the the software, the analytical work or the coding. And they'll be off to the races very, very quickly. But at the other end of the extreme, I've taught artists, people with adult someone with a dog walking business, some people who are stay at home moms stay at home dads, who with with no analytical background, so it works for all sorts. But the common the common drive or factor amongst all of them, is you is desire. You've got to and fascination, you've got to really want to learn to trade the markets. What I say to people, when they come to me say can you teach me to trade say, Well, yes, but why do you want to learn? And what do you think about the markets and people who say, Oh, look, I just think I, I should invest? I don't really know anything. And stock seems easier than property because I've got no money. I say, You know what, it's probably gonna be a hard journey for that person. But for someone who comes to me and says, Look, I just, I just love the way the markets move up and down. It's, it's kind of fascinating to me. I've tried, but I lost money. And I don't know why. And I just want to learn, you know, that person will succeed ultimately with the right guidance. Grant Awesome. That that's wonderful. Okay, so if someone wanted to find you, how do they find you? What's what's a call to action here so they can get Adrian Yeah, absolutely. So the the business in the website is enlightened stock trading and for your listeners, Grant, I've put together a page with some kind of free free content and courses just to get people started. So EnlightenedStockTrading.com/FIR, register there and they'll get a bunch of cheat sheets about how to avoid losing how to make money and how to build confidence in your systems and a course on the millionaire trader code which gets your mind right and shows you the path to success. Grant Excellent. Wow. Thank you for doing that. I didn't know you're going to do that. I appreciate that. Adrian Yeah, no pleasure. It's exciting because you You know, what I want most of all, is to stop people from getting into the market uninformed, and just losing their money. Because a little bit of education will keep people alive. And a little bit more education will actually show you how to make money. So, you know, what I'm aiming for is, first of all, make sure people who get into the markets just don't lose everything in the next two weeks, because that happens more often than you'd think. So absolutely. With that do people can be in the game. Grant And with the increased volatility in the market today, does the systematic trading, you still fill fill work? Well, I mean, it's obviously not. It's not that secular bull market that we've experienced over the last, you know, plus, you know, decade or more, right. So that's change. Any thoughts on that? Adrian Yeah, the key here is diversification. So you don't want to as you evolve as a trader, you'll become more and more diversified. And you can make money for more different market conditions, you can make money from quiet up markets, from volatile sideways markets, you can make money from volatile downward market, you just need the right set of rules. So none of the market conditions need to be scary. It's just a matter of finding rules that work and applying them consistently. And that can those rules turn themselves on and off. Well, at least in my world, I create the systems to turn himself on and off when the time is right. So my long side trend following turns off when the market isn't in a bull phase. So I'm not going to keep taking signals all the way down in the bear market, because that's just silly. It's low probability. But I will sell stock short when the indices, rollover, and everything is clearly going down. And I'll hold the short positions until the market comes up, or until I've got a decent profit and then hits my profit target. So it doesn't matter what the markets doing, you can have a systematic approach that works. Grant Great. I wanted to make sure that point came out that this is not just about because earlier we talked about, oh, well, I put it in I think the long term, the reality is for the different market conditions, you have the set of rules to handle what the current market conditions are. So that's key. Adrian Yeah, absolutely. That's really, really important. You've got to diversify. No one method doesn't matter what you're trading or investing in no one thing is your path to wealth. You need to have different strategies, different approaches, and systematic trading is no different. Grant Adrian, it's been a pleasure. Thank you. I know it's, it's already tomorrow. It's Saturday. From the future in Australia. It is from the future. What's the market look like? Yeah, just let me know. Right. Adrian I'm fortunately markets closed in the future because it's Saturday. Grant Ah, that's right. That's right. Well, Adrian, thank you for taking the time, especially on your weekend. I appreciate you doing that. And I look forward to chatting with you again, because I'd like to do a follow up with you in some time. And everyone please take a look at that call to action that you shared on that URL. What's that URL? One more time? Adrian   It's EnlightenedStockTrading.com/FIR Grant Thank you very much. Okay, everyone. Thanks for joining. And until next time, get some systematic trading. Thank you for joining Grant on ClickAI Radio. Don't forget to subscribe and leave feedback. And remember to download your free ebook, visit ClickAIRadio.com.  

Welcome, everybody. In this episode, we learn the secrets of systematic growth for your portfolio. Grant Okay, everybody, welcome to another episode of Financial investing Radio, I'm excited to have in the house with me today, Mr. Adrian Reid coming all the way from Australia, which is fascinating to me that I have this opportunity to get connected with this professional trader on the other side of the planet, literally from where I'm sitting at the moment. First of all, Adrian, welcome. Adrian I'm thrilled to be here. Thanks so much for having me on the call. And isn't this just a fantastic part of the world? You know, we we can communicate from the other side of the world we can we can help traders from all over the world. And there's just really no boundaries now. Grant There really isn't. I love that. And what I love is your willingness to get on and share tidbits and insights, right to help the everyday trader who's really trying to figure out how can I grow my portfolio in a way that's going to manage risk? And I know you've got some excellent insights on that. But before we get into that, would you mind stepping back and sort of thinking, what's your origin? How did you get into trading? What even brought you to that part of the world at this point? Adrian Yeah, absolutely. Sure. So I've been trading for about 20 years or so now, plus or minus, let's say, six months. And What first got me interested in was actually well, before that, well, before that, my family had a board game, in, in our holiday house, called the stock market game. And I have these amazing, fascinating memories of playing the stock market game becoming a paper billionaire by going around the board and buying lows and selling highs and collecting dividends and stock splits and all of these things. And it was just fascinating. Like, oh, this is this is the best thing ever, was my recollection as an eight year old. Now, I didn't trade or invest for a long time after that. But that was sort of my first memory of the stock market. Wow. And when I started work, I pretty quickly came to the realization that I didn't want to be in the corporate world forever. You know, I was commuting. I was working extremely long hours, I had a lot of high stress right from day one of my first job. And I said to my dad at the time, oh, it basically is this one. It's like, Aha, yeah, I don't want to do this forever. So what do I have to do to not have to do this forever. And we talked about investing, and we talked about stocks and the stock market and real estate and other forms of investing. And so I just started down that, that journey. And when I first came across some money, you know, from from work, I started, I started buying stocks. And I did the typical thing. You know, I didn't actually know anything, but I didn't know that I didn't know anything. So I bought stocks in companies that I recognized that I thought were big names, good companies.  Grant And now this is gonna go up, right?  Adrian Yeah, yeah, this is gonna go up. This is a great story. And there's a big company, um, you know, I recognize that this is gonna work and I'm smart. So therefore, I should make money. And of course, what happens? You know, I bought in exactly the wrong time it went down. I lost money. Very, very cool at the peak, right? Yeah, yeah, absolutely. And so I look, I played around with that for a period of time. And it took me three years of trying lots of different styles. Before I actually started making money on it in the corner. I tried that fundamental animal. Grant First of all, that's impressive that you were able to, so you didn't trade to the point where you lost all your capital, right? You are at least wise enough not or did you at times, say hey, I blew it all out. I gotta rebuild. Adrian Oh, I had no look. Absolutely. I have never blown up an account. So when I think one thing that I've really got, that I did well, from the very beginning was always very cautious about risk. And this is critical, right? Because if you blow up your account, the problem is you've got to then go back to work, you know, save money, and that takes time and You've got to build up the courage and that takes time and you're gonna put the money in the market and and then try again. And then chances are you blow it up again. So as soon as you blow up and lose your money, you've just wasted months and months and months. So from the very beginning, I took small trades, small positions, low risk. And I had learned a little bit about risk control from some of the books I read. And for three years, I was able to survive and on my account sort of went sideways and down a bit and sideways and down a bit, but never really made any gains. But the thing that turned the corner was I, I read a series of books called Market Wizards, which no doubt you've read or seen. And Market Wizards is fantastic, because it's a series of interviews with professional traders who have done extremely, extremely well. And as I was reading through it, I realized that all of these traders have their own unique style. And some of them really were like, really resonated with me. And some of them were like, it was an alien from another planet. And what I realized by reading through those interviews is I had to find a style that really fit me suited my personality. And the one that resonated, the ones that resume the most were the systematic traders, the ones that have rules and did tests to check those rules worked, and then followed those rules. And the reason I resonated is because they didn't spend every waking and sleeping hour staring at the screen. Mm hmm. They spent 15-20 minutes, 30 minutes a day running their rules, placing the trades and that was it. And that's what I needed. Yeah, because I was working a job I you know, I didn't have enough capital to live on my trading back then. Yeah. And so I started trading systematically. And you know, I took three months off work to develop my first trading system. Grant Really? Yeah. So you took some sort of sabbaticals? Adrian Yeah, I just I just said, Look, this is, I want to do this. And so I took three months off, and they my boss basically laughed at me and said, Good luck with that, you know, trading. Okay. Yeah, right, right. So I didn't get a whole lot of support them from from anyone else apart from my wife and my family. But you know what, when I implemented my first trading system, my results basically turned around on a dime. So if you look back at my equity curve, you can pinpoint to the month where that trading system went live. And that's because all of a sudden, I was consistent, and profitable, I had an edge. And from then on, it's just a matter of patience, of continuous improvement, and adding capital, and then eventually to get there. Grant So let me ask you this, in terms of the trading system that you've developed and matured over time, what's your general timeframe? And are you in your positions for a few days? Several months? I mean, what's, what range do you trade? Adrian Yeah, this is a good question. This comes back to the idea of it's got to fit your personality. So I'm a fairly patient sort of person, I don't like frantic activity, I don't like you know, really fast paced decisions in high stress. So I'm, I'm a longer term, sort of hold. My my favorite style is long term trend following. So that could be I could be in a position for many months. But I'm quite, I'm quick, systematically to cut my losses. So if I if I, if I enter a trade and hits my stop loss on day one, I'm out, I don't care. I'm very comfortable with that. So trend following is my natural kind of place that I gravitate to. But I have shorter term systems and mean reversion systems that are quite short term, because now having evolved as a trader and got comfortable with what the markets can do, and how they move, I can trade other styles outside my sort of natural center, if you like.  Grant So the key for us is to establish that main style of trading get good at that make that consistent, once you've got that producing now look at considering other styles that I hear you right? Adrian Yeah, absolutely. Yeah, absolutely. Absolutely. Because I think as humans, we, we have a natural sort of center or personality or style that will fit best with us. And let's face it, trading is kind of hard, emotionally. And so if you're, if you're challenging yourself with a style that doesn't fit, and the market is challenging you with all of the, you know, the volatility, the ups and downs, the uncertainty, it's pretty difficult to stick to the rules. But if you have rules that are somewhat natural for you, they fit you and you follow them, then you can learn all the emotional essence from the market deal with those and then branch out. I think that's key. Grant Well, so earlier, when you made the comment, hey, you went to your corporate job, and it was stressful. The thought that went through my mind was trading can be stressful. So what is it that protects you, right? It's a different kind of stress. How do you equate the two stresses? I've got corporate job, let's say and their stress is there. But wait a minute, I've got training in the stress. How are those different In your mind, Adrian I find that different, the types of stress are different in terms of the duration, intensity, and how much control you have over it. So in the corporate world, what I found was, I was just under constant pressure to do more and more and more and more and more and more, and anything that I could produce, the corporate machine still wanted more. And if I wanted to perform even better next time and get a bigger bonus, then I had to produce more. So it was relentless. Whereas in the market, and it's also externally imposed, you can't do much about it, apart from resigned from the job, if you no longer like it, you know, it's sort of outside your control is what I think you don't feel. I felt that way. Now, in the market, the market is also outside our control, we cannot control the market. But we can control certain things which are really, really important. We can control whether we are in the market or not. And we do that through our system rules that we trade with, we can control how big our positions are. So that whether or not the volatility causes stress or not. So if you position size very aggressively, you're going to have more stress and more stomach acid in your life. If you position size conservatively, you're gonna have less. So we can also control what strategies we use. If you're long, lonely, and you're highly leveraged, it's going to be amazing and pretty stress free in the middle of a bull market, that the end of a bull market as it's turning, it's going to be extremely stressful. But if you're long only, you don't use that much leverage. And you've got some some short term systems and some long term systems, and you can make money from a bear market. And you can make money when the market turns because you've got different strategies, then some of that stress is really dealt with, because you're diversified in a way I saw. Grant So if someone's new to trading, does it make sense for them to approach it that way? From the beginning? Or do they still need to get really good at say, their first initial personality style related system? And then over time, then build that more equitable approach to trading? Adrian I get really good question I, I think the answer is you've got to start somewhere. And in order to start, you've got to make sure it's not too overwhelming. So I would say start with one system, or one strategy that you can quickly build confidence with. And it really helps to have a guide to kind of step you through that. But if you've got a like someone to model or someone to follow, you can quickly move from one simple strategy to a diversified portfolio. And so, you know, I teach traders and I teach a lot of brand new traders, and I've taken people from knowing absolutely nothing to a very diversified portfolio in a couple of months. So it really is just, oh, wow, a couple of months yet. Because when you when you are given a set of rules that work, and you're given the tools and knowledge to test and evaluate those rules for yourself, so you can build confidence in them, then you can start trading. And then you just you start trading one set of rules, then you get another set of rules, and you test and evaluate that. And then you can start trading now, and then the next set and the next set. So you can pretty quickly build a portfolio of strategies, if you're not trying to figure everything out on your own. Right. Grant Okay, so you started to address some of the questions I had for you, which is how long does it take for someone to get proficient using your system? And it sounds like the first part is they could begin some level of proficiency within two months. Is that accurate?  Adrian And for both a completely new trader who is motivated and willing to learn and willing to ask questions can be up and running in in with a system in a month or less, then with a portfolio of systems within two to three months. Grant And when you look at that person going after a portfolio, what sort of capital do they need to bring to to this trading style. Adrian So my style is all systematic, and each system is a diversified portfolio of instrumental positions that are hold so what let's say one of my trend following systems in stocks, that makes money as stocks just continue up on their their long trend and then when stocks turn around and go down, it gets out and takes you to cash, that system might hold 20 simultaneous positions. Okay, now, if you're trading the Australian market, the Australian market has this unfortunate rule where each trade has to be $500 in value. You can't place a new trade for $200 It's five Under dollar minimum, so for that system on Australian, you need $10,000 to trade it properly, but in the US not so. And in the Asian markets not so so. So you really, you can start with just a couple $100 Or a couple $1,000 If you choose the right market. And this is one of the reasons why the cryptocurrency market is so great, because you can you can trade a diversified portfolio in the crypto markets with very small positions, and there's no minimums, and the costs are very, very small to trade it. So you really capital isn't really a barrier to entry anymore. It's it's really the learning that is the barrier to entry, you've got to have rules that give you an edge. And you've got to have absolute confidence in those rules. That's what you need to win really. Grant So the biggest challenge that seems over the years in the years that I've been trading as, as the discipline trader mentality, right, the ability to stick with those rules. So what tips or techniques do you have for, for sticking with the rules, right? Not letting the emotions overcome saying, Hey, I'm just going to take the loss, not doing revenge trading, etc. Right? What What are your tips for sticking with the rules? Adrian Yeah, this is this is great, because when I before I, before I became a systematic trader, I was a discretion. I did discretionary technical analysis, and I did fundamental analysis, and I really struggled emotionally. And systematic trading really helped. Because there was no, there's no ambiguity. If you have a system, which is objective that tells you if A and B and C happens you buy if D or E happens you sell, you don't have to wonder, is it a buy signal? Or is it a sell signal? So I think most people will benefit hugely by trading systematically, rather than with discretion. That's the first thing. Second thing is your system won't make money all the time, and it won't be profitable on every trade. It's the the your account is gonna go up and down gradually on a path to building your wealth. So you've got to be comfortable as the account swings around. And the biggest trick to getting comfort is building confidence in the rules. So we have our rules, like I can give you the best trading rules in the world. But if you haven't tested and evaluated them for yourself, then when they start losing money and going into drawdown, it's gonna be really hard for you to keep following them. Right? If you've tested them, and you know, okay, for this set of rules, a 15% drawdown is perfectly normal, or three or five losses in a row was perfectly normal. And if I just keep falling it, I'll come out the other side, if you've done that work, not me telling you that's the case you actually doing the testing, then you can sit comfortably knowing this is perfectly normal. Grant So do you provide the traders with a certain level of back testing tips and techniques to prove that out? Adrian Yes, absolutely. I think this is the the most important thing, because what what most people ask is, what stock should I buy? What crypto token should I buy? The next level of question? It's a very basic question. Next level of evolution is what rules should I follow? Yep. And if someone asks you what rules should you follow? They've evolved beyond keep trying to get tips, right? They're trying to get a process. The Evolution above that is I these are my rules. And I have confidence in them, because I've tested them. And I've evaluated them. So the most important part of my program, my teaching is actually the the back testing, the evaluation, the optimization, improvement of systems, yes, I give systems, but I don't want you to believe and trust me that those systems work. I want to give you the skills and tools to make that decision for yourself. So you can actually follow them in good times and bad. Does that make sense? Grant Oh, total total sense. Yeah. That way that you have a greater probability of being disciplined of sticking with that system and not not bailing when you shouldn't? Or not being able to get back in when you should? That's, that's right. Yeah, yeah. critical aspect for them. So when you think about the portfolio's you've talked about you doing stocks? You doing crypto? Do you do have an approach where you separate the portfolio across those? Or is is crypto always part of it? Or do you just focus in crypto with some of your trading strategies, but different ones in stocks? I know it's a long question. And how do you distinguish between the two trading? Adrian Yeah, it's a good question. It's a good question. And one of the one of the things I realized when I started researching into systems is that different markets move and behave differently. So you know, gold moves differently to oil moves differently to the stock indices moves differently to the Australian stock market. So my rules are developed for each market. Now a great set of rules will probably work on several markets, but you design it for a certain market. So I have rules for the Australian stock market rules for the Hong Kong Stock market rules for the US stock market. And I have rules for the crypto markets and then different. What I have that sits above all of those systems is a capital allocation model. And I say, okay, for my portfolio, I have this X percent in system one y percent in system two, Zed percent in system three, and so on. And each day, when I'm calculating the size for my positions, I go all the way to the top and say, Okay, how much money do I have in my accounts? What are the percentages for each system? And then within each system, how do I size each trade. And by cascading it down like that, you do a couple of things, you make sure you stay diversified, you don't get concentrated, you make sure your risk on each trade is low, and red linked to the amount of capital you've got in that system and in in total in your account. So the systems are all separate, but they essentially trade a common pool of money and have an allocation to each system, which keeps everything safe and balanced. Grant Okay, so. So having that in place, then it makes total sense to, to organize it that way. And it sounds like because I've traded lots of different markets like you having the rules that are that are unique to market makes total sense. Because each one of them has different personalities, even with the same let's say it's us base stocks, then even even each of those have their own sort of personality and characteristics. And so the question is, you know, trading apples gonna behave differently than trading IBM, right? Or whatever, right, that they all have that? So my question is, what in your trading system in terms of your rules? How far down do you get? Do you get to individual stock sort of rules, or you keep it to sort of industry or sector rules, how far down you go with that. Adrian So for me, personally, I usually go down to a market, I trade one set of rules that would be applied to a, an entire market or a subset of that market, like, I have a set of rules that would be applied to stocks in the s&p 500, I have a set of rules that would be applied to the entire US stock market. So NASDAQ, Amex NYSC, not pink sheets, for instance, I have a set of rules that isn't applied to the entire Hong Kong market, and the entire Australian market. So I sort of play at that level, you can develop systems at a lower level. But the trouble is, the lower you go, the less trades you get in your back tests, the less confidence you have that the rules really work. Grant Yeah, that's what I was wondering about your comment about back testing, I started thinking, Oh, wow, because I know the personalities of some better than others, I obviously don't trade all of them. And after a while you find a few that you feel like you start to understand. So you focus on those, I started like, wow, if you're gonna do that back testing against each of those different types of personalities, that's that's a lot of work. To do that back testing. Adrian The back testing is probably not as much work as you think. Because the the way, the way I do it is I have a subscription to a data provider, which gives me all of the stock history for all of the stocks on all of the markets. Okay, I put that into some trading software, I use Amy broker, there's other software, but Amy broker is probably one of the best, best value trading sort of back testing software's. And in the software, I codify the rules and the portfolio management principles and rules in the position sizing. And then I can back test using those rules on the entire market all at the same time. So once I've coded to run a backtest, over 30 years of history, over 1000s of stocks listed on the US market takes about a minute. Oh, really? Wow. Okay, so we're not doing this manually? Oh, guess. It's not just a matter of pressing the backtest button and saying, oh, it's profitable. There's steps you need to go through in the analysis to validate Oh, it's profitable, it's stable, the rules are all significant. I haven't over optimized or fine tune my system to particular trades or the past data. So back testing is really a process. But the labor intensive stuff is taken out of it by the software. Grant So that makes it it makes total sense. Because I've both written code on as well as use multiple back testing systems. And I know they can become quite involved. My question is now with that back testing strategy that you have, as you then go to apply it, is it the human that's clicking the button, or do you do leverage software that actually says Oh, well, hey, here's the point to actually execute based on these rules. And therefore it executes that for you. Adrian Yeah, it can be both. So on the crypto side, my trading is 100% automated, I literally, I don't do anything, I just monitor that the program, the algorithm is working. And I get a report at the end of each day saying these are the trades you placed. And I just make sure that that's all, you know, in line. On the stock side, it depends on the style of the type of stocks you're trading. So if you're trading extremely high liquidity stocks, like let's say you only traded stocks in the S&P 500, it's pretty easy to fully automate that one. It's less troublesome to fully automate that. And I won't say too easy because there's a bit of tech involved in the automation, if you're trading penny stocks, or smaller caps, where there's a little more risk of slippage, and you want to be a bit more careful with your entries, probably less wise to trust that to a piece of software to place your trades for you. So I do most of my I do my stock trading manually. Okay, but I'm moving to automation on that side for selected systems, not for every system. Yes, but I think the advantage is, on the stock side, I'm only trading once a day or once a week. And so it still takes very little time, even though the execution is not automated, I literally spend 15 to 20 minutes a day, placing orders. And that's all I do on my trading, it's really quite quick when you trade systematically. Grant That's amazing. So if I pull it back then to you got a brand new trader, they're gonna put in about two months of effort before they can maybe get a portfolio in place. I'm assuming initially, that's probably manual trading activities, but over time, then they take on more and more automated capabilities. Is that fair? Adrian Yeah, they could if they wanted to, if they were comfortable with the technology to do so, as some people are not, you know, they're not programmers by background. And some of those, you know, the API's or that is it's not straightforward. So you don't have to do that. I've traded for 20 years, and I'm still doing some trades manually, that, you know, 1520 minutes a day doesn't stress me out too much. So I'm okay with that. Grant Yeah, yeah. If you are stressed out, Adrian, then yeah, I'd say well, wait a minute. No, that's not stress 15 to 20 minutes. Um, so quick question. When you talk about the profile of your, you know, the students, the people that you take through this, can you describe a few profiles of people that tend to do well at this,or I have literally taken all sorts. Adrian So, you know, I have on one extreme, the people who gravitate most naturally to systematic trading, and typically, typically analytical types, engineers, scientists, accountants, people who are comfortable with computers in code. And they will typically pick it up very quickly, they'll they'll see the value in the analysis, they won't be stressed out by the the software, the analytical work or the coding. And they'll be off to the races very, very quickly. But at the other end of the extreme, I've taught artists, people with adult someone with a dog walking business, some people who are stay at home moms stay at home dads, who with with no analytical background, so it works for all sorts. But the common the common drive or factor amongst all of them, is you is desire. You've got to and fascination, you've got to really want to learn to trade the markets. What I say to people, when they come to me say can you teach me to trade say, Well, yes, but why do you want to learn? And what do you think about the markets and people who say, Oh, look, I just think I, I should invest? I don't really know anything. And stock seems easier than property because I've got no money. I say, You know what, it's probably gonna be a hard journey for that person. But for someone who comes to me and says, Look, I just, I just love the way the markets move up and down. It's, it's kind of fascinating to me. I've tried, but I lost money. And I don't know why. And I just want to learn, you know, that person will succeed ultimately with the right guidance. Grant Awesome. That that's wonderful. Okay, so if someone wanted to find you, how do they find you? What's what's a call to action here so they can get Adrian Yeah, absolutely. So the the business in the website is enlightened stock trading and for your listeners, Grant, I've put together a page with some kind of free free content and courses just to get people started. So EnlightenedStockTrading.com/FIR, register there and they'll get a bunch of cheat sheets about how to avoid losing how to make money and how to build confidence in your systems and a course on the millionaire trader code which gets your mind right and shows you the path to success. Grant Excellent. Wow. Thank you for doing that. I didn't know you're going to do that. I appreciate that. Adrian Yeah, no pleasure. It's exciting because you You know, what I want most of all, is to stop people from getting into the market uninformed, and just losing their money. Because a little bit of education will keep people alive. And a little bit more education will actually show you how to make money. So, you know, what I'm aiming for is, first of all, make sure people who get into the markets just don't lose everything in the next two weeks, because that happens more often than you'd think. So absolutely. With that do people can be in the game. Grant And with the increased volatility in the market today, does the systematic trading, you still fill fill work? Well, I mean, it's obviously not. It's not that secular bull market that we've experienced over the last, you know, plus, you know, decade or more, right. So that's change. Any thoughts on that? Adrian Yeah, the key here is diversification. So you don't want to as you evolve as a trader, you'll become more and more diversified. And you can make money for more different market conditions, you can make money from quiet up markets, from volatile sideways markets, you can make money from volatile downward market, you just need the right set of rules. So none of the market conditions need to be scary. It's just a matter of finding rules that work and applying them consistently. And that can those rules turn themselves on and off. Well, at least in my world, I create the systems to turn himself on and off when the time is right. So my long side trend following turns off when the market isn't in a bull phase. So I'm not going to keep taking signals all the way down in the bear market, because that's just silly. It's low probability. But I will sell stock short when the indices, rollover, and everything is clearly going down. And I'll hold the short positions until the market comes up, or until I've got a decent profit and then hits my profit target. So it doesn't matter what the markets doing, you can have a systematic approach that works. Grant Great. I wanted to make sure that point came out that this is not just about because earlier we talked about, oh, well, I put it in I think the long term, the reality is for the different market conditions, you have the set of rules to handle what the current market conditions are. So that's key. Adrian Yeah, absolutely. That's really, really important. You've got to diversify. No one method doesn't matter what you're trading or investing in no one thing is your path to wealth. You need to have different strategies, different approaches, and systematic trading is no different. Grant Adrian, it's been a pleasure. Thank you. I know it's, it's already tomorrow. It's Saturday. From the future in Australia. It is from the future. What's the market look like? Yeah, just let me know. Right. Adrian I'm fortunately markets closed in the future because it's Saturday. Grant Ah, that's right. That's right. Well, Adrian, thank you for taking the time, especially on your weekend. I appreciate you doing that. And I look forward to chatting with you again, because I'd like to do a follow up with you in some time. And everyone please take a look at that call to action that you shared on that URL. What's that URL? One more time? Adrian   It's EnlightenedStockTrading.com/FIR Grant Thank you very much. Okay, everyone. Thanks for joining. And until next time, get some systematic trading. Thank you for joining Grant on ClickAI Radio. Don't forget to subscribe and leave feedback. And remember to download your free ebook, visit ClickAIRadio.com.  

Summary: Looking for new crypto strategies to implement? Adrian Reid comes on the show to talk about systematic trading within the cryptocurrency markets. He dedicates his time to empowering other traders to be successful, and works with traders all over the world to share his knowledge. Systematic trading utilizes historical data to guide strategies; it is rule based, so your decisions don't have to work off of emotions or guesses. If you want to learn more about effective cryptocurrency investing, be sure to tune in for great insights. Highlights: -Adrian Reid dedicates his time to teaching others about his crypto strategies -When he exited the corporate world, he sought to re-connect with people and share his knowledge -His company has traders from all over the world -It took him about 3 years to become profitable within his trading; this happened when he discovered systematic trading, using historical data to back strategies -Long term trades build capital -Systematic trading removes emotion from your decisions -He trades a large universe of cryptos and focuses on what is trending, what has the best volatility, etc. -Reid's system take a rules based approach -An amount as small as $500 can allow you to trade systematically with crypto, but this varies with markets -The volatility at the individual coin level doesn't have to be reflected in your whole portfolio -Once you have confidence in the process, anyone can do it Useful Links: Financial Survival Network https://enlightenedstocktrading.com/fsn/

Adrian Reid from Enlightened Stock Trading joins us to discuss systematic crypto trading, including: Why traders should consider the crypto markets right now, The mistakes most traders make with crypto, Choosing the best exchanges, data and software for crypto trading, Why buy and old is a bad approach to crypto and what you should do instead, The types of strategies that work in the crypto markets right now, The 3 types of risk in the crypto space (and how to reduce them), How to overcome limitations in crypto data, plus Regime filters, optimization, stop losses, backtesting, robustness, auto trading, price behaviour and much more.

This is the second time that I have the pleasure to have Adrian as guest on the podcast. On this episode we are catching up on some things that we talked about first time round, we also talk a little bit about football and our football teams F.C. Porto and Liverpool F.C we also talk a bit about crypto investment. I hope you enjoy it and I hope this episode finds you well and in good health. Please feel free to leave some comments and suggestions

In episode 41 we speak with Adrian Reid, the founder of Victory Gardens of the Caribbean. Adrian is an entrepreneur at heart and has started several ministries. Adrian has long had a passion both for entrepreneurship and for the church. For a long time, he wondered if the two passions were compatible, or if he was alone in his calling. Listen as he shares how God has empowered him to use both to create new ministries and to encourage others like him. Resources: https://www.amazon.com/Ultimate-Intention-Devern-F-Fromke/dp/0936595027 (Ultimate Intention by Devern Fromke) https://www.facebook.com/victorygardenscaribbean (Contact Adrian via his Victory Gardens Facebook page)

On this episode I have a special guest Adrian Reid. Adrian loves traveling, he has been around the world and has a lot of experience. We'll be talking about his and my experiences. I hope you enjoy it and thank you for listening. I truly appreciate it!

I'm so excited to bring this long overdue episode to you, where I chat with Adrian Reid, founder and CEO of Enlightened Stock Trading. If you've been here for a while, you probably know that Adrian is also my mentor and trading coach. We chat about a lot of different topics, and demystify and debunk a lot of the misconceptions, beliefs and myths about trading. Here are just a few things we talk about: what trading really is and how to know if it's for you the difference between trading and investing the different types of trading strategies why the trading industry is full of scams, particularly around day trading and forex trading what to look out for so you know who to trust how to win long term as a trader and become wildly profitable Adrian and his company Enlightened Stock Trading have two programs to check out: For beginners: The System Trader Launchpad For advanced or intermediate (or for those that are beginners and are 100% all in): The Trader Success System xo Simone P.S. I am an affiliate for Adrian's programs - so when you use the link to sign up to his programs above, send me a DM on instagram to get your free bonus bundle. This includes a behind the scenes of my trading, AND my trading tracker (something you will literally use every day as a trader to record and track trades). --- Send in a voice message: https://anchor.fm/kissmymoney/message

Busy morning on LouthandProud Patreon....We have top GAA journalist Declan Bogue on the line, instant reaction from my Brother Podge al the way from Oz, former Louth player Adrian Reid, current Louth and Tyrone players and a certain Peter Fitzpatrick in the morning. Sign up now to listen into the buzz that has taken over the County! https://www.patreon.com/Louthandproud

Episode 2 of My Worst Day features Mattock Rangers stalwart and former Louth captain Adrian Reid, who speaks about trying to control his emotions after the death of his father in 2008, and how that 2010 Leinster final haunted the Wee County in subsequent years. See acast.com/privacy for privacy and opt-out information.

Watch the full video interview with show notes at http://www.traderwave.com/AdrianReidInterview and get your copy of Adrian’s FREE “Trading Mistakes Cheatsheet” Adrian Reid is a full-time private trader, also the Founder and Trading Coach at Enlightened Stock Trading, dedicated to educating and supporting traders on their journey towards profitable systems trading. Adrian started trading stocks regularly around 18 years ago as a part-time trader and duly left his full-time corporate job in 2012 after making hundreds of thousands of dollars a year from trading. Nowadays, he takes just 30 minutes a day managing his trading systems while spending most of his time with his wife and three children. Meanwhile, Adrian continues to educate traders in the principles of profitable independent trading through the development of their own personalized portfolio of trading systems. Watch the full video interview with show notes at http://www.traderwave.com/AdrianReidInterview and get your copy of Adrian’s FREE “Trading Mistakes Cheatsheet”

Wooly and John Heslin look back at the stories from the weekend while Conal Keaney and Adrian Reid join on the one after their Leinster wins.

 Adrian Reid has been a profitable systematic stock trader for over 15 years. He trades for a living and has spent the last 6 months trading from the road while traveling with his wife and kids. He is the founder and trading coach at Enlightened Stock Trading (Trading System Life Pte. Ltd.) where he has been mentoring stock traders for the last 5 years. Register for your Free Webclass: "How to quickly gain the knowledge to build wealth and freedom systematically trading stocks without the market wiping you out", by clicking here:https://go.enlightenedstocktrading.com/webclass-registration bit.ly/EST-Learn-Moreenlightenedstocktrading.comEnlightened Stock Trading

Check if your trading system is ticking all the right boxes with Adrian Reid from Enlightened Stock Trading and Louise Bedford tells her 'TA DA' moment and why the best traders yell 'TA DA' with their arms in the air. Mindpower - Louise bedford Every good trader has a 'TA DA' moment. The markets burnish your RESILIENCE. The heap of piranha bites from the bulls and bears can erode your confidence and self esteem. But best traders pick themselves up dust themselves off and yell 'TA DA' with their arms in the air. Adrian Reid The ONE thing you can do to boost your results is SYSTEMATIC TRADING. It sidesteps the ups and downs of human emotions and removes yourself from the equation. But a systematic trader has to be honest. A good systematic trader is accountable for the results of their system as well as analysing and measuring their performance. A trading system that is vague and nebulous will simply not cut the mustard. Adrian goes through setting up and documenting your trading system rules; executing them as expected; what to look for when you are back testing; data collection, the problem of curve fitting and the importance of having stability of an edge. If you are interested in building your confidence in your trading system download Adrian’s trading confidence cheat sheet with all the steps Adrian goes through for every single trading system he uses go to: https://go.enlightenedstocktrading.com/trading-system-confidence-talking-trading.  

This episode gives resuscitation to your portfolio and psychology as Adrian Reid discusses systematic trading and what makes traders profitable and Louise Bedford emphasises the importance of your trading definition. Louise Bedford Mind power  - Your Trading Definition Make your trading definition effective because it might determine how long you stay with trading. As a trader your job is TAKE SMALL LOSSES and MAKE BIG WINS. Every year Louise has so many small losses and just a few outside gains. Even the turtles only earned on average from 35% of trades the majority of their profits. It is extremely difficult to be profitable in this game if you are thinking your job it have lots of big wins and only a few small losses. Adrian Reid Traders are a smart bunch of people. But being smart is not what makes you money in the market. Being SYSTEMATIC is what makes you profit. By having good trading habits and focusing on being a better trader THE MONEY WILL TAKE CARE OF ITSELF and your portfolio will grow. In this interview Adrian discusses: What things cause traders financial pain Human psychology and the need to be right Being clear on your objectives and how much you are prepared to lose Getting serious about developing systems and profitable rules Portfolio CPR and resuscitating your system What it takes for trading success. For a portfolio CPR cheat sheet to clean up for your portfolio and stabilize your trading go to: https://go.enlightenedstocktrading.com/talkingtrading To contact or find out more about Adrian go to: www.enlightenedstocktrading.com, Facebook Adrian Reid or direct email: adrian@enlightenedstocktrading.com  

Confidence is a powerful thing – when people have it they can do some pretty amazing things, but on the opposite side, a lack of confidence can be debilitating too, and for traders it can have some similar effects, especially when the performance of a strategy starts to suffer and a trader has money on the line. So, what can we do about this? How can we have more confidence in the strategies that we build and trade? Confidence that we’ve built strategies that are robust. Confidence to continue trading strategies during the periods when strategy performance may be struggling. Our special guest for this episode is Adrian Reid from Enlightened Stock Trading, and in our chat Adrian is going to enlighten us on building trading strategies that we can have confidence in. We’re not just going to talk about trading psychology here, but Adrian will be sharing practical aspects of system design and validation, that can give us more confidence in the strategies that we create and trade live. Some of the things you’ll discover in my chat with Adrian are: The 5 key areas traders must address to build confidence in a trading system, Significance testing - why it’s important to strip a strategy down to just the core components and how to determine which components are really driving performance, Why the transition from backtesting a strategy to trading it live can be a difficult and uncertain one, and the preparation steps you need to take to make the transition smooth, How a technique called ‘start-date stepping’ can provide valuable insights into how a strategy could really perform in live trading, Plus, performance profiling across market conditions, sensitivity testing, why traders lose discipline, testing strategy rules in reverse, and much more.

'Reido' as he's affectionately known talks retirement his career the highs and lows, 2010 and stay tuned for a unexpected ending.