How many traders do you know that have successfully cornered a market?
If you’re not familiar with the term ‘corner the market’, it means to get enough control of a commodity, stock or other asset so that you can manipulate the price.
There are a number of documented cases in history where people have tried…
… and it usually doesn’t work out too well for them!
This weeks podcast guest Kurt Sakaeda has cornered a market, however it was more of an amusing accident that an intentional act.
And this is just one of the entertaining stories Kurt shares with us in our chat today.
Those familiar with the World Cup Trading championships would recognize Kurts name because he’s won it a few times, with his first win in 2000 so he’s been trading for a while.
In our chat with Kurt we discuss a mixture of trading topics, including:
- How to include seasonality in trading models and why you don’t need to worry about curve-fitting seasonal trades,
- The dangers of counterparty risk and how to reduce them,
- Finding profitable trades in a crisis, and
- How Kurt accidentally cornered a futures market and the amusing results – the ‘authorities’ weren’t too happy.
Resources mentioned in this episode
- Kurt can be contacted by email at [email protected]
- Books mentioned:
 |  |
Share a quote with your friends
Improve the performance of your trading strategies quickly
Are you looking for a proven solution to CUT DRAWDOWNS and significantly improve the performance of your trading strategies fast?
Get your FREE Market Internals Online Starter Kit NOW before it disappears again
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!
