Guest:
Drew Day
Co-Founder/President, MicroQuant, LLC
Record Date: 9/10/18
httpss://www.youtube.com/watch?v=GB6LSUOYMXg&feature=youtu.be
Listen on —> iTunes
Listen on —> SoundCloud
Topics:
- How Drew became a Quant
- Creating Your Own Indicators
- Turning an Indicator into an Automated Strategy
- Drawdown or is it time to change your Strategy
- Certain Indicators work better on Certain Markets
- The Good & Bad about working in a Hedge Fund
Rapid Fire:
Q. What trader has influenced your life the most and why?
A. Richard Dennis
Q. What was one of the hardest things you’ve had to overcome in trading?
A. Not to Curve Fit Systems
Q. How has your trading process evolved over the years?
A. Substantially more disciplined
Q. What is one attribute that you believe every trader should have?
A. Discipline over motivation.
Q. Favorite Book About Trading?
A. Way of the Turtle
Q. Favorite Movie or TV Show About Trading?
A. Trader. About Paul Tudor Jones
Q. What’s the best advice you’ve received about Trading?
A. Sweat the action, not the result.
Q. If you could give the younger you advice after everything you’ve learned about trading and the markets, what would it be?
A. Journal everything that you are trading and why you are trading, and review your work every single week, month, quarter and year. You won’t improve if you don’t study the reasons for your trades.
Q. What’s your favorite thing to do when you’re not working?
A. Power lifting, traveling, spending time with family & friends.
Guest Resources: