36 min listen
103: Dave Bergstrom – Escaping Randomness, and Turning to Data for an Edge
103: Dave Bergstrom – Escaping Randomness, and Turning to Data for an Edge
ratings:
Length:
59 minutes
Released:
Dec 14, 2016
Format:
Podcast episode
Description
On this episode, I’m joined by a quant trader who works at a high frequency trading firm—though you might be surprised to hear, he started out on the same path that many retail traders do—his name is; Dave Bergstrom. The thing that makes Dave unique from most traders who’ve been on this podcast previously, is how he uses data-mining techniques to develop trading strategies. Though data-mining, in trading, often has a negative connotation attached to it, Dave believes this stems from bad practices and poor evaluation of methods. In addition to the above and ways to reduce curve-fitting, we talk about escaping randomness, learning to write code, Dave’s three laws for strategy development, setting expectations and plenty more. Q+A: Got a question for Dave? Write in the comments area at chatwithtraders.com/103.
Released:
Dec 14, 2016
Format:
Podcast episode
Titles in the series (100)
003: Timothy Sykes – Inside the world of penny stocks and how to profit from market inefficiencies: Penny stocks are a world of their own, and often refereed to as ‘the gutter of the stock market’. But as today’s guest discovered, this world can be an incredibly lucrative one. by Chat With Traders