Simplicity in Systematic Trading | Robert Carver

Robert Carver is a trader and author of various books, one of which being "Systematic Trading". He mentions numerous times in his book that he is not a good trader. So why did he devote his life and a whole book to the subject?

Because he believes in systematic trading; making a simple trading system and sticking to it.

In this episode, we dive into his new book and explore why simplicity is the key, people think they are better traders than they are, and so much more.

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In this episode you'll learn:
- How cognitive biases in humans make them bad traders.
- Some core insights into his book "Systematic Trading".
- How he feels about Trend Following effectiveness.
- The differences between a subjective and an objective system.
- Things that people should avoid when creating a trading system.

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You can check out the all of the notes and full transcript of this episode right here:

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Follow us on social media:

[tpko]

this is my first episode ever, and yes i watched it up to @2:51 I was inspired by Ren is the best day of my life, because i know my purpose

[ihavenoname]

Insane video guys wow! Loved it! So glad that I find your channel.

[kajer]

excellent content with good discussion of real world challenges to develop and stick with a systematic trading system

[systemtradingacademy]

How do you do these pencil sketches of the guests? What software do you use!

[jaysharma]

Is there any audiobook available? For the book

[jonnyjazzz]

I know this is a year old, but how do you NOT over-fit when creating a new Trading Strategy, the way Rob describes, by doing research? Is it expected that a person develops their own pattern from scratch for them to be profitable? Does his book go into more detail about the methodology of creating a strategy that isn't over-fit in this manner?

[KpxUrz]

After decades of writing code for testing and trading systematically, some of which was incredibly good, I actually don't believe in it. Good trading is an art and a product of broad experience, in other words it is a human endeavor, not a "computerized" one. Systematic trading is no match for really good broadly informed discretionary trading.

[Handydude]

Dud would be clutching his text books in a frozen panic while a seasoned momo trader is smoking him

[Muhammadilyas-ur]

Is it chapGPT giving answers or is it "systematic tone" answers? 😂

[angravante]

So what is the trading method ? What is your trading system ?🤨