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Welcome to The Systematic Investor series. It's a great privilege for me to invite you to a behind the scenes conversation between some of my favorite systematic investors namely Jerry Parker and Moritz Seibert. We get on a "call" each week to discuss the events that took place through the lens of a Systematic Investor and how the trading strategies we work with are reacting. It's a raw and honest exploration and we hope you will join and be part of...not least by sending us questions that we can discuss. Please send your questions to info@toptradersunplugged.com Episode Summary 0:00 - Intro 1:50 - Weekly review 5:50 - Top tweets 19:30 - Question 1: Michael; Are trend followers relaxed (in terms of personality) in general? 23:00 - Question 2: Michael; Why does TF in stocks work? 28:30 - Question 3: Michael; How do you measure single stock correlation? 33:05 - Question 4: Nick; Do you ever front run your systems? 35:00 - Question 5: David; Have you ever been through a market similar to this year (2018) and how did it turn out/what did you learn? 38:45 - Question 6: Can you give us a proven TF strategy (ex. Donchian)? 43:05 - Question 7/8: Timothy; Has too much diversification hurt TF in the last decade? Should TF focus on markets that are trending? 52:10 - Question 9: Anish; How do you identify relative strength and accordingly allocate capital between different asset classes? 59:55 - Question 10: Does the intensity of trends change over time? 1:04:30 - Question 11/12: Have the markets changed during your time as a trader and if so how? If a market has been trending is it more likely to continue trending than to reverse? 1:16:10 - Question 13: Nitesh; Is Short-term TF impossible now or does it need to be done differently from medium to long-term? 1:18:00 - Question 14: Dave; How do you select a universe of single stocks for TF? 1:21:20 - Question 15/16: Ted; What are the parameters you use around Nat Gas? With high volatility swings, how do stay in a position? 1:25:50 - Performance recap Subscribe on:
If only 5% of traders make money, why are the other 95% losing money? Are these loses due unfair markets or is there another reason? It seems to me that the least important subject for most traders, personal emotions, may be the reason behind these loses. I realize now that my early unsuccessful trading was more due to the emotions of fear and greed than any other factor. Learn more of how I decreased emotional influence so that I could trade profitably.
Treat Your Trading Like a Business is how successful traders conduct their trading activity. In order to achieve this, the trader needs to select a financial product that will fit their risk tolerance and emotions. I discuss the 5 major financial products that are suitable for the retail trader: Stocks & ETFs, Equity Options, Futures. Options on Futures and Forex. We go into a detailed description about each and talk about the risk and margin involved.
If you want to treat your trading like a business, its necessary to have a trading plan. Prior to producing the trading plan, one of the initial decisions is; what trading strategy will I use? In this Podcast I discuss the 5 major factors that need to be considered: 1. Trading Account 2. Risk 3. Time available to trade 4. Trend or reversal trading 5. Recording trades
As traders, we are often told to treat our trading as a business. This doesn't really tell us what we need to do. The presentation goes into the five most import items that need to be considered when setting up your trading business. Comparison is also made between a simple business and how it would relate to trading. www.donchiantrader.com
This is the final segment of the Live Forex Training presentation describing how trading is conducted in my Basic Forex Trading System. In part 6 there is further discussion on placing orders and setting up targets #1, #2 & #3. Margin is also discussed for forex pairs. Further details on the training system can be found at www.donchiantrader.com
In part #5 we continue setting up trade examples. All are set up using a trading plan that takes into consideration both money management and risk management. Also discussed is the OCO trade and setting up entry prices, targets and the stop loss. www.donhiantrader.com
From the live presentation, in Part 4, we are discussing how news may affect forex pairs. We looked at a EUR/USD trade. We compared commodity currencies and European currencies. We learned how to calculate the risk per trade, choosing the number of lots to trade, calculating the trade opening price, calculating targets and stop losses. Also discussed was how to evaluate the strength of a forex pair. www.donchiantrader.com
From the live presentation, in Part 3, we are continuing to discuss finding the strongest forex pair to trade and why this allows us to choose the forex pair with the highest trade probability. This is important because when an individual currency is getting stronger, it may present us with 7 different pairs to trade, while only 1 pair may be the highest probability trade. www.donchiantrader.com
From the live presentation, in Part 2, we are discussing how to determine the strength of a currency and a forex pair. One of the keys to be successful trading forex is, to find which forex pair has the highest probability of following through with its trending move. Part 2 uses the manual calculation of strength, however, in the Basic Course there is a calculator available. www.donchiantrader.com