The discovery of DNA as well as the understanding of its function and structure may be one of the most important discoveries of the last century.
As researchers continue to unlock its secrets, the applications to the scientific, medical, agricultural and forensics fields has been enormous.
From enabling the breeding of animals and crops that are better resistant to disease, to being able to accurately identify criminals and victims, and even to detect diseases early on and create breakthrough treatments for diseases that were previously considered lethal, DNA research is having a huge effect on mankind.
But just as scientists are getting a better understanding of DNA and it’s potential applications, can traders apply the same to the markets?
One of the topics we discuss in this podcast episode is the 'DNA approach’ to trading. What is it, how can we understand it and what are the benefits?
To discuss this topic plus a number of others, we're joined by Bruce Vanstone from Vanstone Trading.
Bruce is a trader, consultant and university lecturer in Computational Finance and Big Data. He’s published a number of research papers and trading systems, and presented material at a number of non-academic conferences. He also consults to a boutique funds management business, trading personally and at a larger fund management level.
In our chat with Bruce you’ll discover:
Let’s head on over to my chat with Bruce.
The idea for this podcast episode has its roots in a trip I made to the States last year.
I was at a conference and one of the speakers was 1993 Karate World Champion Ricardo Teixeira.
Ricardo was explaining how he came about becoming World Karate Champion and he shared his #1 secret to achieving this success, any ideas what it was?
It was something that sounds incredibly boring, but it produces big results, and that is:
Mastering the fundamentals.
Ricardo explained that leading up to the World Championships, he spent months and months just practising the core fundamental moves. He wasn’t practising all those complicated, fancy looking moves you see in the Hollywood films.
He spent weeks just practising a punch...
Until he became so great at it that nobody else could beat him.
I think this “mastering the fundamentals” approach has strong applications to trading too.
Many traders, especially when starting out, think that the latest software or fanciest indicator is going to guarantee their success, but over time I think we realise that there are some core fundamentals to trading which really bring the results, and perhaps from time to time we even forget them too, so today we’re going to discuss some fundamentals with our guest Martin Lembak.
Martin is in a very interesting position because he has access to hundreds of different trading strategies, being traded live in the markets, so he’s in a very exclusive position to see what works and what doesn’t.
In our chat today you’ll here:
So, let’s get started, over to my chat with Martin.