Whether you’re a retail trader with a small account or a fund manager with millions or billions under management, something that we all need to consider carefully as traders is how or where we’re going to use the money in our trading accounts.
‘Capital allocation’ sounds boring but it can have such a huge impact on our trading results. Unfortunately, it can sometimes be overlooked for other aspects of trading like entries and exits, leaving traders with an inefficient use of their capital and can result in lower returns and poor performance.
Can we use our trading capital more efficiently to achieve higher returns? And if we can, then how?
Todays guest, Michael Melissinos, started out as a junior analyst at Bear Stearns and is now running his own systematic trend-following fund Melissinos Trading.
Mike is a competitive guy, always looking for ways to improve his trading performance and in today’s episode he’s going to share with us some practical ideas and research, including:
- The 3 most important things that influence trading performance
- Why what you trade is more important than entries and exits
- Ideas to improve trading results through dynamic capital allocation
- How to use indicator scores to measure trend strength
- And much more.
Take a look at our sponsor
Market System Analyzer helps you maximize the performance of your trading strategies. It can be used to:
- Analyse and provide detailed performance statistics
- Find the optimal position sizing to reach your trading goals
- Detect over-optimized trading systems and prevent curve-fitting.
- Assess the sensitivity of trading results to trade order
- It also contains features such as Monte Carlo analysis and Equity curve trading
- Michael can be contacted through his websites michaelmelissinos.com or melissinostrading.com
- Don’t forget to follow Mike on twitter @mmelissinos
- Books mentioned in the show:
Share a quote with your friends
Got A Question, Topic or Guest you want to see on the Podcast?
Do you have a specific question, topic or guest you’d like to see on a future podcast episode?
Click here and submit your suggestion for a chance to have it featured on an upcoming podcast episode.
Get the Transcript
Subscribe to Better System Trader and never miss another episode!
Please support the podcast by giving an honest Rating/Review for the show on iTunes!