Topics
- Spread Trading The Indexes
- Spreading the Russell vs the S&P
- Using Micros For Spreading
- Importance of Skin in the Game
- Using & Trading the VIX
Guest
Russell Rhoads
Head of Research and Consulting at EQDerivatives & Clinical Professor of Finance at Loyola
Russell’s Resources
Rapid Fire ?
Q. What Trader has influenced your career the most and why?
A. The turtle approach – any of those guys that have shared their exprience
Q. What was one of the hardest things for you to overcome in Trading?
A. Following signals I don’t agree with….
Q. How has your trading process evolved over the years?
A. FInally figured out I’m not smarter than the system – incorporating options into my process.
Q. What is one attribute that you believe every trader should have?
A. Proper risk management relative to your capacity to take on risk.
Q. Favorite Book about Trading?
A. Market Wizards
Q. If you had to pick a profession other than trading, what would it be?
A. Full time academic (the research part)
Q. What’s the best advice you received about Trading?
A. No one really ever gave me direct advice, maybe the overall theme behind the turtles, but having to learn it for myself.
Q. If you can give a piece of advice to the younger you about trading, what would it be?
A. You are no good at trading unless you have a system.
Q. If you had to elevator pitch me your edge trading, what would you say?
A. I’ve developed a system that combines the best of breakouts and mean reversion…
Q. Favorite thing to do when not Trading?
A. Ride my bike, not nearly enough time to do it these days.
If you enjoyed this interview be sure to listen to these other episodes:
It’s the Fed, Not Fundamentals or Technicals — Michael Lebowitz
Dollar at Critical Juncture – Yra Harris