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Top Traders Unplugged

SI92: How to add robustness to your trading and choosing the right time horizon ft. Robert Carver

Top Traders Unplugged

Niels Kaastrup-Larsen

Business, Business News, Investing, News

4.8670 Ratings

🗓️ 15 June 2020

⏱️ 70 minutes

🧾️ Download transcript

Summary

Robert Carver joins us back on the show to discuss why simulating ‘noisy’ data in your backtest can add to robustness, how similar strategies can still result in widely varying returns, how to choose the right look-back period, trading continuous vs binary systems, and how much automation should be used when running a system. If you would like to leave us a voicemail to play on the show, you can do so here. Learn more about the Trend Barometer here. IT's TRUE - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here. And you can get a free copy of my latest book "The Many Flavors of Trend Following" here. Send your questions to [email protected] Follow Niels, Moritz & Rob on Twitter: @TopTradersLive, @MoritzSeibert, and @InvestingIdiocy And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Episode Summary 0:00 - Intro1:06 - Global Macro Discussion4:24 - Macro recap from Niels6:02 - Weekly review of returns13:57 - Choosing the right look-back period/time-frame24:54 - Adding noise to your backtest30:54 - Using capital more efficiently42:06 - Binary vs continuous systems57:32 - How automated should your system be?1:06:36 - Performance recap Subscribe on:

Transcript

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0:00.0

You're about to join Jerry Parker, Maritz Siebert, and Nealz Kostrup Larson on their raw and honest

0:07.3

journey into the world of systematic investing and learn about the most dependable and consistent

0:12.3

yet often overlooked investment strategy. Welcome to the Systematic Investor podcast series.

0:22.9

Welcome or welcome back to this week's edition of the Systematic Investor series with

0:26.8

Rob Kauer, more than I, Neil's Castleblassen, where each week we take the pulse of the global

0:31.8

market through the lens of a rules-based investor.

0:35.1

For long-term listeners, our conversations are intended to keep you focused

0:38.3

and inspired to continue your trend-following journey. And if you are new to the show,

0:42.8

our hope is that today's episode will trigger some curiosity to check out the back catalog

0:48.4

of all of the past episodes that you may have missed. Rob Moritz, great to be back with you this

0:53.9

week. How are you doing? How

0:55.4

things where you are? Hey guys. Haney, I'll say Rob. Doing fine. How are you? Yeah, doing pretty

1:00.3

well in England here, nice and sunny. The slowly, gradually getting back to normal, hopefully.

1:05.1

Yes, no, absolutely. Speaking about normal, I'm going to do something a little bit different,

1:10.1

though, this week in terms of my kind of a little bit of a market wrap, not because I didn't find anything interesting this week, but, you know, I couldn't help this morning.

1:20.7

So every week I do like a little write-up for my clients and kind of potential clients.

1:26.2

And when I was sitting doing it this morning,

1:28.6

there's just this song that kept spinning in my head this morning. And that's this Marvin Gaye song,

1:34.4

you know, what's going on. And, you know, when I wrote it, it wasn't meant to be any kind of

1:39.5

political statement because to me at least, it kind of something you can apply not just to what's going

1:46.3

on in America at the moment but also what we see in the kind of geopolitical stage around the world

1:51.9

and also what's going on in the financial markets but what was really interesting to me

...

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