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030: Highlights and insights from Episodes 1- 20

Better System Trader

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Using the Information Ratio to Monitor Strategy Performance

Perry Kaufman introduces the concept of market noise and how that can determine the type of trading best suited to those market conditions. Perry began his career as a rocket scientist working on the navigation systems which were later used in the Apollo missions. In 1971 he became involved in the futures market and has consulted to a number of successful CTA investment and prop training groups, creating systematic trading and hedging programs. The markets with the most noise are best traded as short term meaner version and the markets with the least noise are trend following.

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