Linda began her professional trading career in 1981 as a market maker in options. She became a registered Commodity Trading Advisor in 1992. She worked as a principal trader for several funds. In 2002 she started her own hedge fund, which was ranked 17th out of 4500 for best 5-year performance by BarclaysHedge.

Jack Schwager recognised her great talent in his famous Market Wizards series. Since 2015 Linda continues to trade daily for her own account. In the world of professional trading and money management, Linda stands out from the crowd for three factors: performance, longevity and consistency.

Most frequently when talking about trading, we focus on its positive aspects. Linda takes a different perspective in this interview sharing with us market lessons while highlighting the tension between luck, risk, and passion.

To me, it’s an extraordinary interview with an extraordinary person summarising her great book titled “Trading Sardines“. It is indeed a 21st-century version of “Reminiscences of a Stock Operator“! Linda although being so successful as a professional trader, openly admits how repeatedly got her ass kicked by the markets.

It sounds so attractive when we can mention how you feel making one million in one single day. Linda, however, puts an accent on being on the wrong side of outliers so many times that it is well beyond the random. Rare events are happening more often than we think, especially if you are on the markets so long as Linda.

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Andreas Clenow is a Chief Investment Officer located in Zurich, Switzerland, overseeing many investment strategies over a nine-figure asset base. In today’s interview, we focus mostly on his work within a quant hedge fund. We are covering many trading topics, including trend following strategies and equity momentum strategies. You can also find out why trading own money is not always the best option to do.

Andreas is an author of international bestsellers titled Following the Trend and Stocks on the Move. These books present a quantitative approach to modelling the markets with extensive backtest results. You can also learn from the practitioner how hedge fund business looks from the inside.

No worries if math or statistics is your Achilles’ heel. As Andreas says, scientific papers often are unnecessarily obfuscating the knowledge so that it’s not easily accessible to everyone. He proves it doesn’t have to be the case, explaining complex things, as we could think, in an easy way.

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Larry Connors has over three decades of experience in the financial markets industry and is widely regarded as one of the leading professionals, especially when it comes to systematic quantified short-term trading.

He is the author of many highly acclaimed books including “How Markets Really Work” and “Short Term Trading Strategies That Work“. Larry co-wrote “Street Smarts” with Market Wizard’s legend Linda Raschke. The Technical Analysis of STOCKS & COMMODITIES Magazine selected this book as one of โ€œThe Classicsโ€ for trading books written in the 20th century.

Today we talk about his latest book, “Buy the fear, sell the greed: 7 behavioural quant strategies for traders“, which proves that behavioural factors can be quantified and used on the markets.

I strongly encourage you to listen to the whole episode, as Larry is fully disclosing one of his strategies from the book, which is really very powerful and having a winning percentage over 90%!

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