In this week's episode of Line Your Own Pockets, we sit down with Brandon Kaisler of Cesta Capital, a brokerage catering to active short sellers.

In a wide-ranging interview, we discuss topics from a broker's perspective, including:

• How most brokers make money from hidden fees, not commissions
• Why brokers prefer systematic traders (hint, hint)
• How the market for short locate fees works
• How 24/7 trading will affect your trading
• Whether eliminating the pattern day trading rule will help or hurt the markets

And much more...

This is a rare and honest look at the business side of active trading and what it means for active traders.

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Before you go!

The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.

I hope to see you there!

In this week's episode of Line Your Own Pockets, we discuss market data for backtesting.

Topics covered:

• Data for backtesting is far different (and easier) than for real-time trading
• Like "free" commissions, you typically get what you pay for when it comes to market data
• Choices come down to whether you need intraday data
• Avoid overengineering - no premature optimization!

And much more...

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Before you go!

The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.

I hope to see you there!

In this week's episode of Line Your Own Pockets, we interview Trent Smalley with DTN and IQFeed.

We discuss:

• Why it makes sense for traders to pay for market data when brokers offer it for free
• Where bad ticks you see in your charts actually come from
• What happens to market data before it hits your feed
• When you know you're ready to upgrade to a high quality feed

And much more...

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Before you go!

The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.

I hope to see you there!