Tomas Nesnidal has been a full-time trader for over 11 years, specializing in automated algorithmic trading strategies.
He has experience with a number of trading styles, including option trading, spread trading, statistical arbitrage and market internals but in this episode we’re going to discuss one of his other specialties, breakout trading.
In our chat we discuss the key components of a breakout strategy and how to combine them to create profitable trading strategies. We also discuss the degradation of strategies over time, how to add new life into old strategies and why creative thinking is such an important aspect of successful trading.
Murray Ruggiero is the chief systems designer and market analyst at Tuttle Wealth Management, with around 200 million dollars under management.
He is one of the world’s foremost experts on the use of intermarket and trend analysis in locating and confirming developing price moves in the markets.
He is also a speaker, author and has been a contributing editor to Futures magazine since 1994, producing over 180 articles.
In this episode we discuss various aspects of system development, including optimization, curve-fitting and creating robust strategies. We also discuss why strategies must have a premise, the importance and applications of intermarket analysis, cycles and a bunch of great questions from the audience.