#Alternative to systemtrader how to#
#Alternative to systemtrader trial#
#Alternative to systemtrader free#

Things were very, very difficult in Australia to borrow stock, to sell short. First of all short selling in Australia was completely banned back then.Īnd second of all, borrowing stock is now a very, very difficult thing, the regulator really shut it down due to some unfortunate circumstances back then. I stopped really trading on the short side back during the GFC, for two reasons. Predominantly what I’ve been doing for the last 30 odd years, is trading equities. The theory there is that, these markets are uncorrelated, they react very differently to different situations and trends will appear that will ride them up and down. They look at diversification by trading very completely different markets, a vast array, 50, 60 different commodity markets, corn and wheat, financials, foreign exchange, all sorts of different things. I guess, you’ve had some of these commodity traders on your podcast earlier on. I guess there’s two ways to address diversification, Andrew. Can you share exactly what is diversification and what are some of the, I guess the challenges or issues in trading that we’re trying to address by using diversification?

How about we start with some of the basics first, just so that we’re all on the same page. I’m really looking forward to seeing what you’re going to share with us.

#Alternative to systemtrader free#

I think it was, was it Markowitz who said something like, diversification is the closest thing to a free lunch for… He was talking about investing, but I think it applies to trading as well. I think probably one of the best ways or perhaps the best way is through diversification.

#Alternative to systemtrader how to#

The topic we’re going to talk about today is how to grow your equity consistently, which I think all traders want. Anyway let’s talk about the markets and trading. The market’s are treating me well as well, so I’ve got nothing to complain about. It’s very, very busy, main beach is busy, street it’s busy. But look, Queensland’s been pretty well unscathed and once we opened up, it’s almost business as usual up here.

I do feel for you down there, that’s for sure. We came down and we had to go into lockdown two weeks, which wasn’t particularly nice. We personally, Trish and I were over in Japan when it all started. But without making me too much more jealous, how have you been coping the last, I don’t know, six or nine months or so with all the crazy stuff that’s been going on? I’m quietly jealous Nick, of you right now. But you’re a good couple of thousand kilometers away from me, so you’ve got nice warm weather and you’re not locked down as hard as we are down here in Victoria. Now you’re based up in Queensland, which for people who aren’t really good with geography is also in Australia, on the East coast. He is a trader, an analyst, an author, an educator and an all around good guy. He is a specialist in systematic and algorithmic trading strategies. He started out in the, I think a floor trader on the Sydney Futures Exchange.

Now Nick Radge has been trading since I think 1985. And today joining us, our special guest is Nick Radge from The Chartist. As I mentioned, today we’re going to be talking about diversification and how we can use that to consistently grow our equity. Hello and Welcome to Better System Trader live. Today we’re going to be talking about, how do you consistently grow your equity using the power of multiple layers of diversification. Hello, and welcome to Better System Trader live. How to Achieve Multiple Layers of Diversification – Transcript

#Alternative to systemtrader trial#

Take a free trial with The Chartist to view the different strategies. Nick trades The Chartist’s Growth Portfolio, the US High Frequency strategy, Trade Long Term premium portfolio and a few other short and longer term strategies. Diversification, to Nick, means finding strategies that diversify rather than multiple products.