The Algorithmic Advantage 001 - Diversified Quant - Mean Reversion + Trend - Simon Mansell
Aug 22, 2023
Simon Mansell, an expert in mean reversion and trend following, discusses strategy specifics and the importance of systematic trading. He highlights the need for balance and robustness in trading, risk management, and measuring performance. He also emphasizes the importance of educating investors about systematic trading and shares personal habits for success. Additionally, he explores challenges and advice for young investors.
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Simon Mansell's Trading Journey
- Simon Mansell's journey into trading began after university and extensive travel, landing in London with an assistant role on a large trading floor.
- His experience in risk management at the Sydney Futures Exchange and tech consulting integrated his trading, risk, and tech skills uniquely.
Systematic Diversification Philosophy
- Simon Mansell prioritizes a systematic, quantitative approach, embracing diversification across strategies and timeframes.
- He believes being a jack of all trades in systematic trading helps avoid overcommitment to any single style or timeframe.
Risk Management in Mean Reversion
- When trading mean reversion, maintain a good balance of long and short positions to hedge against market sell-offs.
- Use multiple systems with varied parameters to average in and out of markets and limit exposure to any single event.