Thu, 28 December 2017
Anthony Saliba, an original Market Wizard, was first on episode 107. On that episode, we mostly discussed Tony’s life as a trader and related subjects. But one area we didn’t get into too much, was his life as a parallel entrepreneur and an investor.
So, I mentioned to Tony, this time around, it’s something I’m keen to hear a lot more about. Because his success extends far beyond trading alone…
For example; LiquidPoint, an options execution and technology firm which Tony founded, was acquired in 2007 for a sum of mid nine-figures. He’s also invested in upwards of 100 companies—in a whole range of sectors, owns a golf resort, shopping centers and other real estate. And that’s not all.
The underlying theme throughout this episode is not how to become a better trader, but how to build generational wealth!
Direct download: 155_20The20trader_s20guide20to20building20generational20wealth20w_20Anthony20Saliba.mp3
Category:trading -- posted at: 7:22pm EDT
Fri, 15 December 2017
Andreas Koukorinis lives in London and in 2013 he co-founded Stratagem Technologies—a tech startup using AI and machine learning to trade sports as a financial product. These sports predominately include; football, tennis and basketball.
But for Andreas, his roots are in trading instruments and markets that most of us are more accustomed to. He’s worked for the likes of Morgan Stanley and Deutsche Bank, and before Strategem came to be, he was trading at DeepValue.
From listening to this episode, you’ll soon notice that Andreas is passionate about applying rigorous trading principles to nascent markets, as well as the broader applications of AI as a technology.
Direct download: 154_20When20a20quant20trader20enters20the20world20of20sports20betting...20w_20Andreas20Koukorinis.mp3
Category:trading -- posted at: 5:48pm EDT
Thu, 7 December 2017
Xiao Qiao is a research analyst for a Connecticut-based hedge fund, focused on trading commodity futures. He graduated with a PhD in Finance—and was a teaching assistant to renown economist Eugene Fama.
Notably, Xiao has also worked directly with trading legend Blair Hull on two quantitative research projects, which concern market timing and return predictability.
The main objective of this episode with Xiao, is to learn how a research analyst thinks about things directly related to research, and ways that you can do better market research for yourself.
On top of this, Xiao, based on his experience, shares a few tips for those who have an urge to study something—but are unsure about what to study, and some of the differences he's observed between the world of academia and working as a practitioner.
Direct download: 153_20Research20analyst20shares20practical20ways20to20do20better20researchE28094Xiao20Qiao.mp3
Category:trading -- posted at: 2:04am EDT
Thu, 30 November 2017
Kory Hoang is not a veteran trader—he’s not someone who has been doing this 10-20 years. He’s someone who has been doing this for only a few years, yet he’s begun to make decent gains on his trading capital.
Kory is also not a full-time trader …well, at the time of recording this—a few weeks ago—he wasn’t! Kory was a private equity analyst for Pitchbook, who traded on the side. But he’s since informed me that he’s handed in his notice and taken the leap to focus on trading (plus a couple startup projects).
In terms of how he trades; Kory is a retail systematic trader. He’s running numerous algorithmic strategies, which he’s developed (all of which are fairly simple). These run on various ETFs, ETNs and even some cryptocurrencies.
During our chat, we cover quite a bit; but mostly his journey and how he’s progressed to this point!
Direct download: 152_20A20beginners20foray20into2028part-time2920systematic20trading20w_20Kory20Hoang.mp3
Category:trading -- posted at: 6:16am EDT
Thu, 16 November 2017
Rick Lane is the current CEO of Trading Technologies—a software provider that develop high-performance trading platforms which are used by; proprietary traders, hedge funds, CTAs, brokers and banks etc.
The reason why I asked Rick to appear on this episode is because, as we know, not everyone is cut out to be a trader. And that’s fine! I’d like to highlight, there are many other roles in the world of trading where you can have a great impact by leveraging skills which you may have already attained…
Prior to teaming up with his cousin, a large interest rate trader, who anticipated the inflection point of automated trading, Rick was modelling combat scenarios for the military and he also did a short stint at Google as a product manager.
Direct download: 151_20Perspective20from20a20trading20technologistE28094attacking20unique20problems20w_20Rick20Lane.mp3
Category:trading -- posted at: 3:53pm EDT
Wed, 8 November 2017
Following on from Episode 149, here’s part two of the interview with Aaron Brown.
To refresh your memory, Aaron is highly regarded as an authority on the subject of risk taking. For the past 30-years he’s worked as a dedicated risk manager, and for the past decade, Aaron was the risk manager for renown quant fund, AQR.
Coming up on this episode, you’ll gain deeper insight to how you can better understand and manage risk for yourself—we go over: Questions traders should be asking themselves, how to leave less money on the table, high win rate verse low win rate strategies, black swans, killing opportunity while trying too hard to prevent disaster. And that’s certainly not all!
Direct download: 150_20A20lesson20in20risk20takingE28094with20the20former20risk20manager20of20a2024200B20fund2C20Aaron20Brown2C20Pt.202.mp3
Category:trading -- posted at: 6:25pm EDT
Wed, 1 November 2017
Aaron Brown is highly regarded as an authority on the subject of risk management. Although he originally started out as a poker player and sports bettor (then a trader and portfolio manager), for the past 30-years Aaron’s been a dedicated risk manager. And for the past 10-years, he was the risk manager for quant fund, AQR.
Aaron has also authored several books (ranging in topics from poker to finance and risk), contributes to Bloomberg View and writes a column for Wilmott Magazine.
On this episode, part one, we talk about: Aaron's early days playing poker, unconscious influences on decision making, the goals and objectives of a risk manager, how Aaron managed the quant equity crisis of August 2007, and much more too.
Direct download: 149_20A20lesson20in20risk20takingE28094with20AQR_s20former20risk20manager2C20Aaron20Brown2C20Pt.201.mp3
Category:trading -- posted at: 7:42pm EDT
Wed, 25 October 2017
John Grady is an independent futures trader from Florida, who primarily trades Treasury bonds. His trading is purely discretionary, based upon his read of order flow. Essentially, he’s a scalper.
Throughout this episode we talk all things order flow; the basics, the value of an order book, some of John’s trading methods, order types and managing positions, how to build skill at reading order flow, as well as, the impact of HFT and what’s commonly known as spoofing.
Direct download: 148_20The20order20bookE28094what20traders20must20know20about20supply20and20demand20w_20John20Grady.mp3
Category:trading -- posted at: 8:22pm EDT
Wed, 18 October 2017
Dr Thomas Starke is a Physics PhD who once designed microchips, worked as an engineer for Rolls Royce and lectured at University of Oxford, before applying his know-how of modelling to financial markets…
As a trader, Thomas has contracted to various funds and up until recently, he was a Quantitative Developer at a well-regarded Sydney prop trading firm.
Thomas was great to chat with—not only did we talk about things related to quant trading, strategy development and robustness, but also his infatuation with disruptive technologies; artificial intelligence and quantum computing.
Direct download: 147_20Detective20work20leading20to20viable20trading20strategies2C20and20the20rise20of20AI20w_20Dr20Thomas20Starke.mp3
Category:trading -- posted at: 9:08pm EDT
Wed, 11 October 2017
On this episode, I’m joined by three traders from a data-driven, options trading, performance based fund, Blackpier Capital…
Ryan Moffett, the Lead Investment Manager—and a prior guest on Episode 83. Tyler Michalove, who plays a key role in trade execution. And Wayne Klump, who heads up research and strategy development.
We discuss mentoring, the benefits of working in a team, the upside to trading options, the unique edges which can be gained from the multiple dimensions inherent to options, an example of how options could potentially improve an existing strategy and plenty more.
Episode sponsored by TradeStation – A trusted online broker geared towards active traders. Discover the benefit’s of trading with TradeStation: tradestation.com/traders
Direct download: 146_20When20trading20becomes20a20team20sportE28094with20Ryan20Moffett2C20Tyler20Michalove202620Wayne20Klump.mp3
Category:trading -- posted at: 7:24pm EDT