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Episode #57: Marsten Parker- "Unknown Market Wizard" on Systematic Trading

Confessions Of A Market Maker

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How to Project Daily Volume

Marcin Cevallos: I was trying to model a process where I scan the whole stock market every day for trades and take a fairly small number with using a different set of symbols every day. He says he's probably trade three or 400 different stocks during the course of any one year. There's some astronomical number of trades that could occur on any given day in the market, but it's still possible according to his theory. If you find yourself wanting to remove the most recent drawdown from your equity curve by putting an new rule in place, then let yourself add enough winning trades every day if you have enough money left over.

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