51 min listen
033: Fund manager Thomas Stridsman discusses strategy development, why you need to normalise metrics, tips to creating robust strategies and why he do…
033: Fund manager Thomas Stridsman discusses strategy development, why you need to normalise metrics, tips to creating robust strategies and why he do…
ratings:
Length:
33 minutes
Released:
Nov 7, 2015
Format:
Podcast episode
Description
Thomas Stridsman has over 20 years experience in the financial markets. He was an editor for Futures magazine and published two books on trading system development and money management. He is now a fund manager at Alfakraft, specialising in short-term trend following strategies with a focus on dynamic size allocation and risk distribution algorithms. In this episode we discuss strategy testing, why you need to normalise metrics, tips to creating robust strategies and why he doesn't test entries and exits any more (and what to focus on instead). Topics discussed The differences between short term trend following and long term trend following Why backtesting metrics should be normalised to give an accurate picture of performance Why you should look to restrict the number of consecutive winners and losers The difference between a good model and a profitable one Tips to creating robust systems Trading costs and when to include them in testing Using standard deviation to determine system robustness How his systems development approach has changed over the years The one particular insight that propelled his trading forward Applying Optimalf to position sizing The future of trading Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
Released:
Nov 7, 2015
Format:
Podcast episode
Titles in the series (100)
006: Dr Howard Bandy talks about major changes in system development and trade management, handling systems that are out of sync with the markets and much more.: In our chat with Dr Howard Bandy we talk about major changes occurring in the fields of trading system development, trade management and technical analysis. We also discuss why trading is becoming increasingly difficult, what causes trading... by Better System Trader