097: Derek Wong – How to Think About Strategies Like a Quant and Diversify Like a Boss

Chat With Traders

Tessa Dao

Education, Business, Investing

4.9 • 2.3K Ratings

🗓️ 3 November 2016

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this episode, I have our very first guest from China; Derek Wong—he is the Director of Systematic Trading and Options at a private fund in Shanghai. Initially though, Derek got his start in the agricultural pits at the CBOT, then following on from this, he’s worked at various quant shops in Chicago, South Korea, and now days, mainland China. After discussing Derek’s backstory, we talk; emerging markets, cultural differences of Chinese investors, convergent and divergent strategies, diversification, and some slightly unconventional ways of thinking about how you trade. Additionally, Derek also has some awesome insight for traders who are discretionary and what traders should focus once reaching profitability. Derek has agreed to answer any trading questions you may have. So if you’ve got a question go to chatwithtraders.com/97, scroll to the bottom of the page and write in the comments area… -- Sponsored by TradeStation.com: TradeStation clients have it pretty good; an amazing platform, great commissions and all the rest! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:47.5	Thank you, and we wish you all the best in your trading journey.
0:54.1	The market's speculation and risk.
0:56.9	This is the Chat with traders' podcast hosted by Aaron Faefield.
1:03.0	What is happening, team?
1:04.0	Thank you so much for joining me.
1:06.4	On this episode, I have our very first guest from China, Derek Wong.
1:11.8	He is the director of systematic trading and options at a private fund in Shanghai.
1:17.6	Initially, though, Derek got his start in the agricultural pits at the CBOT.
1:22.9	Following this, he has worked at various quant shops in Chicago, South Korea, and nowadays, mainland China.
1:30.2	After discussing Derek's backstory, we talk emerging markets, cultural differences of Chinese investors,
	...

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