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Chat With Traders
281: Marsten Parker - The Purely Systematic Wizard Trader
May 21, 2024
Experienced trader Marsten Parker discusses transitioning from discretionary to systematic trading, emphasizing statistical analysis and automated systems. He shares insights on developing fully automated trading systems for breakouts, mean reversion, IPO opportunities, and other strategies. Marsten highlights the importance of avoiding risky stocks, analyzing market regimes, and discrepancies between backtesting and live trading results.
01:08:27
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Quick takeaways
- Transition from discretionary to systematic trading with statistical analysis emphasis.
- Development of automated trading systems targeting breakouts, mean reversion, and IPO opportunities.
Deep dives
Trade the Pool: Funding for Stock Traders
Trade the Pool, an online stock trading prop firm, offers funding for traders to demonstrate their skills, trade company capital, and retain profits. Traders can participate in intraday and swing trading with any US stock or ETF after paying an evaluation fee and passing the evaluation.
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Discover
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