You are currently viewing 064 – Robust Algo Trader Mr Breakouts – Interview w Tomas Nesnidal

064 – Robust Algo Trader Mr Breakouts – Interview w Tomas Nesnidal

Consistent Profits Podcast
Consistent Profits Podcast
064 - Robust Algo Trader Mr Breakouts – Interview w Tomas Nesnidal
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Tomas Nesnidal is known in the trading community as “Mr. Breakouts,” he has been a full-time trader for over 11 years, specializing in Breakout strategies and Market Internals. Originally from the Czech Republic, Tomas has established himself as a leading expert in these trading techniques.

In 2017, Tomas launched his own Hedge Fund, which is dedicated to breakout trading strategies. This fund leverages Tomas’s deep understanding of market internals and breakout patterns to capitalize on market opportunities.

Tomas’s expertise and innovative approach have earned him a reputation for developing robust trading systems. His strategies are grounded in rigorous testing protocols to ensure their long-term viability. Tomas often collaborates with small teams of traders and developers, utilizing high-end technology and genetic programming software to optimize his trading systems.

Show Notes

  • Tomas discusses his specialization in breakout strategies and market internals.
  • He emphasizes the importance of consistency and robustness in developing trading strategies.
  • He explains the critical role of robustness testing in ensuring the long-term viability of trading strategies.
  • Robustness testing is crucial in developing reliable automated trading strategies, ensuring they perform well under different market conditions.
  • He highlights that his stringent robustness testing protocol allows only about 1% of strategies to pass, ensuring high reliability.
  • He shares his past experience with options trading and his fascination with their complexity.
  • Robustness testing is crucial in developing reliable automated trading strategies, ensuring they perform well under different market conditions.
  • Tomas mentions his book, “The Breakout Trading Revolution,” which provides a formula for developing breakout trading strategies.
  • He also talks about the Better Trader Academy community, where members can participate in live hangouts and get answers to their trading questions.
  • We discuss the importance of focusing on a specific trading method and developing deep expertise in that area.

This podcast is brought to you by https://InsideOutTrading.com, where the focus is specifically on CONSISTENCY, so you’ll find all sorts of unique resources to help you trading profitably and with confidence.

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