A visual version of tracking trading efficiency

In the Chris Sayce podcast on Chat with Traders, he talks about keeping two portfolios and equity curves - one relating to his actual trading, the other being what he calls his 'Discipline' portfolio, where he is able to track the theoretical performance had he followed his own trading rules to the letter. As he mused, the returns of the theoretical portfolio far outperformed reality. The closer his equity curve can mirror that of his Discipline portfolio, the better his ultimate performance.

This is a visual version of tracking what Van Tharp calls trading efficiency. He advises keeping a log to track your mistakes and quantify them in terms of R. I talked about this here.

Chat with Traders podcast - the boy's done good!

Some of you might have heard of of Chat with Traders, a podcast series run by a guy named Aaron Fifield in Australia.

So far he has been able to interview people such as Tom Basso, Jack Schwager, Steve Burns and Nick Radge amongst others.

These type of podcasts are a great resource from which to learn and get inspiration from.