53 min
TuringTrader’s Felix Bertram — An engineer's approach to investing in the stock market Smarter Trading
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- Investing
TuringTrader’s Felix Bertram joins us in Episode 3 of Smarter Trading to share his quantitative approach to investing in the stock market.
We discuss why he decided to build a backtesting engine from scratch, the importance of tools and rich reports for traders to truly understand how they’re doing, ingredients to profitable momentum trading systems, and a whole lot more. Please enjoy this episode!
Key learning points
Traders need comprehensive reports and tools in order to measure and improve their strategies
It’s important to consider how efficient your allocating your trading capital
Markets like to throw surprises that you can’t possibly account for ahead of time
Running a meta-portfolio of separate strategies reduces the chances all strategies fail at the same time
Focus on one simple market concept at a time without making it too complicated
Markets are not as efficient as people make them out to be
Backtesting strategies unlocks insights that would take a discretionary trader decades to learn
Tips on getting started to code and testing trading strategies
Always compare a strategy performance versus a benchmark
Learn more & connect with Felix
Follow Felix here
Visit Felix's website here
Learn more & connect with Evan & the Trade Risk
Browse the Smarter Trading podcast catalog for this episode's show notes and check out past guests
Watch this episode live on our YouTube channel
Follow @evanmedeiros on Twitter
Follow @TheTradeRisk on Twitter
Join the Trade Risk's weekly newsletter
Show Notes
0:00 Introduction
1:35 Felix’s background
4:05 Felix realizes professional money managers weren’t doing that great
6:40 How Felix begins investing his own money: breakout strategies
10:30 Felix realizes he needs better reports and more metrics to improve his trading
TuringTrader’s Felix Bertram joins us in Episode 3 of Smarter Trading to share his quantitative approach to investing in the stock market.
We discuss why he decided to build a backtesting engine from scratch, the importance of tools and rich reports for traders to truly understand how they’re doing, ingredients to profitable momentum trading systems, and a whole lot more. Please enjoy this episode!
Key learning points
Traders need comprehensive reports and tools in order to measure and improve their strategies
It’s important to consider how efficient your allocating your trading capital
Markets like to throw surprises that you can’t possibly account for ahead of time
Running a meta-portfolio of separate strategies reduces the chances all strategies fail at the same time
Focus on one simple market concept at a time without making it too complicated
Markets are not as efficient as people make them out to be
Backtesting strategies unlocks insights that would take a discretionary trader decades to learn
Tips on getting started to code and testing trading strategies
Always compare a strategy performance versus a benchmark
Learn more & connect with Felix
Follow Felix here
Visit Felix's website here
Learn more & connect with Evan & the Trade Risk
Browse the Smarter Trading podcast catalog for this episode's show notes and check out past guests
Watch this episode live on our YouTube channel
Follow @evanmedeiros on Twitter
Follow @TheTradeRisk on Twitter
Join the Trade Risk's weekly newsletter
Show Notes
0:00 Introduction
1:35 Felix’s background
4:05 Felix realizes professional money managers weren’t doing that great
6:40 How Felix begins investing his own money: breakout strategies
10:30 Felix realizes he needs better reports and more metrics to improve his trading
53 min