Better System Trader

Today’s guest is a trader that has been requested quite a few times actually, I’ve had a lot of requests to have this person as a guest on the show, and the guest is Adam Grimes.

Adam has two decades of experience in the industry as a trader, analyst and system developer and is currently Chief Investment Officer of Waverly Advisors.

He’s previously held positions at Level Partners, MBF Asset Management and SMB Capital and is the author of ‘The Art & Science of Technical Analysis: Market Structure, Price Action & Trading Strategies’.

For those of you that know Adam and his work, his approach to trading is a mix of quant and discretion, and I think even if you’re a purely systematic or quant based trader it’s interesting to hear other people’s approaches and points of view.

So we start off the chat by discussing his approach of mixing quant and discretionary models, and then we move onto behavioral factors in the market and why approaches that look at the market as purely rational fail.

We then end the chat discussing Keltner channels and their applications to trading, so there’s quite a variation in topics here but I’m sure you’ll find it interesting.

Topics discussed

• Why behavioral factors in the markets are so important and why approaches that look at the market as purely rational fail
• How Adam adds a discretionary overlay to a quantitative framework and the insights from doing so
• The application of Keltner Channels in trading

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Resources mentioned in this episode

• Adam can be contacted through his website adamhgrimes.com or email adam@adamhgrimes.com
• Don’t forget to follow him on twitter @AdamHGrimes
• Books mentioned in the show:

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Transcript

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Episode Released:

8 August 2016