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Chat With Traders

028: Andrew Falde – How to Avoid ‘Predicting’, the Purpose of Options Markets, and 7 Components of Profitable Systems

Chat With Traders

Kevin Avery

Investing, Education, Business

4.82.3K Ratings

🗓️ 9 July 2015

⏱️ 79 minutes

🧾️ Download transcript

Summary

Attracted by the fact that traders can make money in both rising and falling markets, this weeks guest Andrew Falde, left a career in commercial real estate when the GFC hit in ’08 to focus his attention on becoming a trader. A few years on, Andrew has carved a profitable niche for himself; trading options and designing systems. Both topics which are covered in depth during this interview. Some of the highlights from this discussion, would be; the way in which Andrew avoids trying to predict the market, and instead thinks of trades as a series of ‘if – then scenarios’. Also, the purpose of why options markets exist is really interesting, as well as the important factors one should consider when designing a system, and how Andrew applies a blend of systematic and discretionary aspects to his own trading. GOT QUESTIONS? If there’s something you’re challenged with, or something you want to know more about, then take this opportunity to ask Andrew a question. Whether it’s in regards to trading options, designing systems, or just trading in general – Andrew’s your man, leave a question for him in the comments at the bottom of this page. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:03.6

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0:42.1

The biggest secret of the best traders in the world

0:44.7

is that they're just like everyone else.

0:46.9

However, they've worked hard to learn the markets

0:49.2

and discover what works and what doesn't.

0:51.6

But how can you hear about these journeys

0:53.2

and get in on the strategies and tactics they use?

0:56.6

You can do it by listening to Chat with traders.

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