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281: Marsten Parker - The Purely Systematic Wizard Trader

281: Marsten Parker - The Purely Systematic Wizard Trader

FromChat With Traders


281: Marsten Parker - The Purely Systematic Wizard Trader

FromChat With Traders

ratings:
Length:
68 minutes
Released:
May 21, 2024
Format:
Podcast episode

Description

Starting in classical violin and computer programming, Marsten Parker's path took a transformative turn when he ventured into trading. Despite a rocky start, his disciplined, algorithm-driven approach led to consistent returns, earning him recognition in Jack Schwager's book, "Unknown Market Wizards". We get to learn about his transition from discretionary trading to systematic trading, emphasizing the importance of statistical analysis over emotional decision-making. Marsten used his programming skills to create fully automated trading systems to take advantage of breakouts, mean reversion, IPO opportunities, and other strategies.
About Marsten Parker
Marsten has been a full-time individual systematic trader for over 20 years. He is featured in Jack Schwager's book, Unknown Market Wizards.
Marsten is also the designer and developer of RealTest, a multi-strategy portfolio-level backtesting software. He has continued to evolve RealTest over the years as his primary tool for researching trading strategies.
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Released:
May 21, 2024
Format:
Podcast episode

Titles in the series (100)

Chat With Traders is your key to the minds of trading's elite performers. Start listening to learn how a diverse mix of traders went from zero to hero, how they successfully trade markets today, and get their best tips 'n pointers for profitable performance, plus much more. Note: You are responsible for your own trading decisions—this is not financial advice.