Less text here.
It wasn’t until Amal T.’s company went public 10 years ago, requiring him to open a brokerage account, that he become a trader. His trading journey began along a familiar path, as an expensive hobby.
In Episode 13 of Top Trader Radio, Collective2 trader leader and software developer Amal chats with Charley about familiar topics including automation, keeping emotions in check, and strategy recalibration. He also humbly attributes some of the success of his strategy to an overall strong, trending market.
Amal’s Day Trader Futures strategy is long only trend-following strategy that trades the S&P 500 and Nasdaq emini futures.
The biggest misconception to start trading is that you need a great deal of financial knowledge. Don’t get me wrong, it helps, but it’s all about understanding the psychology of trading and keeping emotions in check.
Trade Leader, Day Trader Futures
Amal, owner of Quantfundsystems.com, is a retail trader and programmer with over 15 years experience trading and investing in the Indian and U.S. markets.
He has combined his knowledge of IT and markets to build automated trading systems that enable him to manage his family’s funds. Amal believes automation keeps emotions in check while letting him enjoy other aspects of life.
Toronto-based James Leigh believes that, as a trader, you absolutely need to let most opportunities pass you by. Most traders believe that they need to do everything, when the opposite is true. “Slow down and think long-term” Leigh urges. “It’s said that the deal of a lifetime comes around every 90 days” added guest host and show producer Paul Roberts.
James Leigh’s popular C2 strategy, Correlation Factor, is a fully automated, sector rotation strategy that picks 5 sectors of favorable strength and stability. It is a long-only and thus “IRA-friendly” strategy that trades only U.S. equities, excluding stocks in the energy and minerals sectors as “those are too tied to the commodities.” Over time, James has found some fascinating behavior in the correlations and trends among various sectors.
In Episode 12 of Top Trader Radio, we dive into why James believes his strategy has outperformed the market, the benefits of a sector rotation strategy, and how to keep your losses at a minimum.
Everyone wants to invest in something long-term…but, before it becomes a good long-term trend it needs to be a good short-term trend.
Trade Leader, Correlation Factor
James Leigh has been running his own Software Consulting business for the last ten years specializing in alternative databases. He was inspired after reading Keith Fitschen’s book “Building Reliable Trading Systems” about “tendency analysis” to find the path of least resistance for his core portfolio holdings. Using his background in data analysis and machine learning, he discovered some interesting correlations between market sectors that he was able to take advantage of in Correlation Factor on Collective2.
It took a high school business teacher’s stock market competition to inspire the interest of Danny Merkel, the Trade Leader of the The Momentum of Now trading strategy. Danny’s successful 10-year career in trading (mostly individual stocks of a wide variety, across many sectors) is methodological and rules-based: cut losers, let winners ride.
In Episode 11 of Top Trader Radio, Charley explores Danny’s rigorous systematic approach to trading, the best advice he’s ever received, and the benefits of varying stocks across many sectors. He even dives into the future of Bitcoin from a trader’s perspective. At the end of the day, Danny says, you need to learn to think in terms of the next 1,000 trades; position sizing and a little perspective is everything.
When it comes to Bitcoin, you need an exit strategy. If you don’t manage the risk, it could end up really bad.
This week our host Charley Wright welcomes David Stephens, a Silicon Valley software director and C2 trade leader to the podcast to discuss his background, start in trading, and his popular long-only strategy SystematicBlue SP500. David prefers indices over individual stocks, an approach that he believes to be of much lower risk with less dependency on ‘market noise’. It’s important, David says, that every trader find what works for them.
According to David, whose day job has him working regularly with the likes of Nasa, BMW and Boeing, the amount of trading advice out there can be overwhelming. At the end of the day, be it mean reversion or price action, nobody can argue with what is working for you.
I’ve made every mistake there is to make when it comes to trading. You have to make mistakes in order to learn.
Software Director, Trader | SystematicBlue SP500
David Stephens is a Computer Scientist currently employed as the Director of Software Development at a Silicon Valley industrial software firm. For the last few decades David has lead a global team of software developers and digital signal processing experts to produce industry leading digital signal analysis and vibration test control systems used in aerospace, satellite, automotive, defense, and other industries. Companies using software developed by David and his team include industry giants such as NASA, Boeing, BMW, etc.
David’s personal passions include equity markets and systematic trading, computer automation and control systems, and artificial intelligence and genetic algorithms. David has been involved in systematic, computer aided trading since the arrival of internet trading and trades his own funds. Some of David’s commercial trading signals are published at Collective2.
This week host Charley Wright spoke with Razmig Bulujian, the Trade Leader for Algofolio Options on Collective2. Razmig learned early that it can be easier for stocks to “slide than glide” and hence has a penchant for short selling and shorter term trades, a preference inspired in the dot-com era. From Drexel Burnham in the 1980s to Merrill Lynch (and several proprietary trading firms in the middle), Razmig’s experience in the industry is impressive and varied.
Charley and Razmig dive in many facets of his trading strategies including how he developed a passion for the markets and speculation growing up in a family-run coin and bullion shop. To Razmig, trading is not simply a matter of prediction but requires sharp attention to market patterns.
Advice about trading? Read, read, and read some more.
Portfolio Manager, Trader
Razmig Bulujian is a graduate of University of Southern California (USC) Marshall School of Business. Beginning his career at the legendary Beverly Hills office of Drexel Burnham Lambert, Inc., Mr. Bulujian spent several years with the Private Client Group at Merrill Lynch & Co., Inc.
Between stints at Drexel Burnham and Merrill Lynch, Mr. Bulujian was Assistant to the President of a leading Washington DC based precious metal industry trade association working primarily on the American Eagle Gold and Silver Bullion coin program.
Since then he has been a long/short portfolio manager for family office separate accounts, and a registered proprietary equity trader with a several PHLX and CBOE exchange member firms.
Developing a more quantitative approach he designed Opening Gap Trader, an automated algorithmic trading application featured on Interactive Brokers MarketPlace. Razmig is a former Chairman of The Pasadena Library Commission and former Board Member of the Pasadena Library Foundation AlgoFolio Options, AlgoFolio Equity and the newly launched AlgoFolio Proprietary are available on the Collective 2 platform.