Thu, 28 September 2017
Since 2013, Tim Steenstrup has been a cross-border arbitrage trader at Conventus Capital. Though markets have been a part of his life going back to 1994; Tim’s been part of a brokerage firm in Japan, a hedge fund—which was featured in The Big Short movie, and a prominent New York trading firm.
As you’ll soon hear, we skim through Tim’s backstory and then spend a large part of this episode going into the mechanics of how a cross-border arbitrage strategy works. Tim does highlight, this strategy may be difficult to implement as a retail trader, but regardless, I think it’s valuable for you to hear about the various approaches of how professional traders trade…
Episode sponsored by TradeStation: A trusted online broker geared towards active traders. Discover the benefit’s of trading with TradeStation.
Direct download: 144__Tim_Steenstrup__Learn_an_arbitrage_strategy_used_by_professional_stock_traders.mp3
Category:trading -- posted at: 11:05am EST
Wed, 20 September 2017
You’re about to hear a first-hand account from someone who’s been on a wild ride through the U.S. justice system. My guest is Michael Kimelman; a former prop trader and hedge fund manager who was convicted (and served time) for insider trading…
You’ll hear about the series of events leading up to his arrest, details about the trial, revelations of a rogue judge and the dim reality of life while incarcerated.
If you get through this episode and you’re curious to know more, then you might be pleased to know Michael has also written a book—the title: Confessions of a Wall Street Insider: A Cautionary Tale of Rats, Feds and Banksters.
Direct download: 143__Michael_Kimelman__Convicted_of_insider_tradingfrom_suburban_life_to_prison_life.mp3
Category:trading -- posted at: 7:43pm EST
Wed, 13 September 2017
It was exactly 100-episodes ago when I first had Bert Mouler on the podcast. This week, I’m joined by him again for a second interview…
Bert is an algorithmic trader with a serious focus on machine learning. His trading decisions are driven purely by data, and he goes to great lengths to remove human bias and flaws through the use of automation.
So, coming up over the next 60-minutes or so, you'll hear about:
While listening, I encourage you to keep an open mind and mull over Bert’s creative thoughts!
Direct download: 142__Bert_Mouler__Using_creative_thought_and_automation_to_bypass_human_flaws.mp3
Category:trading -- posted at: 7:01pm EST
Wed, 6 September 2017
Featuring on this episode is former software entrepreneur turned hedge fund manager, Erik Townsend. I’m sure some will already be quite familiar with Erik—in particular the macro investing crowd, as Erik also hosts the Macro Voices podcast.
After selling his company in 1998, Erik made a few lifestyle and investing decisions which he soon began to question, but took ownership of his situation and the discovery of global macro set him sailing in a new direction…
Major talking points we cross off, include; how Erik uses the concept of The Fourth Turning and major cycles to guide his macro outlook. And one possible scenario for the future of cryptocurrencies—I'm sure some of you won't like what you hear, but I think it's well worth listening to!
Direct download: 141__Erik_Townsend__Software_millionaire_fooled_by__the_dream__and_saved_by_global_macro.mp3
Category:trading -- posted at: 6:55pm EST