Summary of The Systematic Investor Series #85 feat. Nick Radge – April 26th, 2020

The Systematic Investor Series #85 features a conversation between Niels Kaastrup-Larsen and Nick Radge, known as the Chartist, discussing systemic investing and market analysis. Nick shares his journey into trading, starting in 1985, and emphasizes the importance of simplicity and discipline in trading. He discusses the recent market events, such as negative oil prices, and the impact of trend-following strategies on market performance.

Key Points

Nick provides trading signals to clients who manage their own portfolios.
Building confidence in trading through education and mentoring is crucial.
trend-following strategies are effective in generating positive expectancy and protecting capital.
Using different strategies for different markets and focusing on trend following is important.
Simplicity in position sizing and risk management is key.
Understanding risk, volatility, and the impact of central bank interventions on markets is essential.

Avoiding intraday stops and exploring alternative trading approaches are recommended.
Effective risk management, strategic exits, and continuous learning are emphasized.
Recommendations for further reading on risk management and position sizing, including books by Van Tharp, are provided.

— 25:17 — « the fall lead everybody by surprise »

— 26:27 — « odd behavior in markets »

— 42:57 — « an exit criteria is met youre out »

— 46:37 — « make sure to test new ideas and see what happens »

— 48:03 — « the market timers can time the market »