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How to Avoid Trading Mistakes
There are three main reasons why traders, systematic traders, blow up. Two of them are common to all traders: paying too much in trading costs and trading too often. The third problem is more specifically for systematic trade as althoughi ecan can apply to discretion trades well,. It's building a trading strategy that looks, look to the past, yet the future s rnot exactly like the past.
Listening to Robert Carver will make you a wiser trader. Period.
Robert Carver is a treasure trove of trading wisdom, knowledge, know-how and first-hand experience. He has a strong background in economics, has worked as a trader at a leading investment bank and at a $30 billion hedge fund where he ran a major chunk of their trading capital for several years. In addition, Robert has built his own trading systems, traded, and still does trade, his own money, and has thought intensely about trading having written at length, and taught about, trading and trading systems.
In this chat, we delve deep into Robert’s reflections about the challenge of trading both systematically and discretionally. In his own self-deprecating manner, Robert shares his thoughts on the common errors traders make, many which he admits he help himself made. We also explore aspects of trading behaviour, constructing powerful and robust trading systems both semi-discretionary and fully automated, the importance of trading risk management, use of leverage in trading, and understanding the importance of doing the un-sexy work which is so crucial to trading success.
This chat will fascinate, intrigue, and educate you.
You can find out more about Robert Carver on these links:
Twitter: @investingidiocy
Website: https://systematicmoney.org/
Books by Robert Carver:
Due for release in April 2023
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AlphaMind: Powering Performance in Global Markets
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