The Purely Systematic Wizard Trader · Marsten Parker

[@u2b83]

Real treat to get a Schwagger Market Wizard!

[@tobiasornotobias]

I would say, 100% automated trading without manual check and approval will lead to losses sooner or later. i would take the overall market more into account and disable it in low probability trading environments.

[@JESS-CH]

Great interview, thanks for sharing

[@marilyndemauro8638]

Love Chat with traders I miss you!!! Please keep in touch ❤❤❤❤❤

[@SailorPilot]

Great podcast! 👏👏

[@u2b83]

What we need is a back-testable system that switches/cycles-through multiple strategies when one is failing. Say, switching from trend-following to range-trading/mean-reversion. But in a statistically sensitive way, before obvious large loss stop-outs.

[@q-q-qiah]

Nowadays with ai and machine learning coming up with that should be easy by the right person

[@freeaccstuff153]

AI

[@airsrock2.053]

Yeah good luck coding that, and for the record not everything can be coded. And the pros in the interviews here keep them separate, likely for good reason.

[@u2b83]

RIP Jim Simons. Pity we never got a CWT interview, that could have been pretty cool. I've heard his method was essentially arbitrage of mean-reversion of groups of statistically correlated and anti-correlated financial instruments.

[@jonthomas1438]

Great interview, so many great nuggets of useful information.

[@user-dv5gm2gc3u]

Tnx for this one. As a programmer myself, i recognise a lot what marsten is saying, just not the profits 😅 Gave me some ideas to check out!

[@wolfgangklein5549]

Thank you as always 👍

[@skaterdude14b]

49:45

[@hamisintunzwenimana8083]

Good Technical 1. Systems Thinking / Statistics

[@carlossouza5151]

What’s the name of the community he mentioned he is a part of?

[@_M_D_M_]

Stockbee which is run by Pradeep Bonde. A phenomenal trader.

[@phillaysheo8]

@@_M_D_M_ fake like qullamaggie

[@hunter4783]

I hope you will host Ross Cameron 👍

[@jesusson7536]

💯💯💯💯💯💯💯💯💯

[@q-q-qiah]

He is pretty much an algo trader