This is a solo episode, with me Chris, expanding on an article from Brian MacKenzie (link here) about the importance of nasal breathing.
Other topics discussed:
China and their ownership of the US Film industry and the lack of any anti-Chinese sentiment in US Films.
Ken Griffin’s, Founder of Citadel Capital, recent $238 million penthouse purchase in NYC and the book The Quants.
$3 billion dollar inflows into Vanguard Total International Bond ETF is a short bet on USD, one of the most crowded trades currently, not just in macro but across the board.
Dan Carlin’s amazing Hardcore History podcast, Blueprint for Armageddon an epic tale of the Somme in World War I.
My EURUSD trade setup and how I approach Macro Trading as a systematic quant.
And finally an interpretation of a quote from the ever belligerent Charlie Munger.
Chris and Tyler talk about curve fitting and over optimization of trading strategies.
This episode is a lot shorter than normal, we touch on a single subject vs covering a wide variety of subjects. If you like these short and pointed episodes and want more, let us know! If you prefer long form drop us a line. Tell us what YOU want!
Chris sits down and chats with Macro-Ops Co-Founder Alex Barrow.
This one goes deep! If you are looking for an abridged version of the Monthly Intelligence Report, this isn’t it. If you want to download Alex’s views on the markets into your brain operating group, this is the episode for you.
The Monthly Intelligence Report is a paid monthly product you can learn much more about here.
Adam Robinson’s interview on the Knowledge Project Podcast, part 1 and part 2.
We cover the copper to gold ratio and how the credit market leads equities.
Tesla shorts.
Why everyone is bearish the dollar? How do we play that?
Gold leading the dollar, platinum leading gold and what price levels are important there.
Global recession outside of the US.
Chris’s labored retail store as trading analogy, losses are operating costs.
Building better systems, better mental models and stepping away.
Alex’s history as a sniper in the United States Marine Corps, and how that transfers over directly to trading.
Alex’s thoughts on managing his book, risk exposure, mistakes and waiting for the things that are obvious to find high expectancy positions. He talks about capitalizing on the one to two big macro opportunities in a given year.
The C-O-N-spiracy brokers have about getting successful people to think trading is easy and they should open accounts only to find the WORST User Interface/User Experience (UI/UX) platforms to trade on.
Alex touches on his new micro idea, ROAD (Construction Partners) on an IPO from 2018.
Alex comments on how US Equity Household allocation is near all time highs.
https://i0.wp.com/macro-ops.com/wp-content/uploads/2019/01/macro-ops-podcast-graphic.jpg?fit=400%2C400&ssl=1400400Chrishttps://macro-ops.com/wp-content/uploads/2016/02/Macro-Ops-logo-e1456504515714.pngChris2019-01-29 19:57:372019-01-29 19:57:37Macro Ops Podcast: Macro Ops Monthly Intelligence Report, Dollar, Tesla and Birds with Alex Barrow
Macro Ops Podcast: Macro Musings Audio Version – China, EURUSD, Quants, Hardcore History, Breathing
Today’s episode is an audio expansion on the weekly Macro Musings email. Click here to see the written version.
Apple Podcasts
Google Podcasts
Spotify
Pocket Casts
Anchor.fm
Breaker
Overcast
Radio Public
Stitcher
This is a solo episode, with me Chris, expanding on an article from Brian MacKenzie (link here) about the importance of nasal breathing.
Other topics discussed:
Follow me @chrisdmacro on Twitter and Instagram
Macro-Ops Podcast: Trading Strategies, Curve Fitting and Over Optimization
Chris and Tyler talk about curve fitting and over optimization of trading strategies.
This episode is a lot shorter than normal, we touch on a single subject vs covering a wide variety of subjects. If you like these short and pointed episodes and want more, let us know! If you prefer long form drop us a line. Tell us what YOU want!
Apple Podcasts
Google Podcasts
Spotify
Stitcher
Overcast
Breaker
Anchor.fm
RadioPublic
Pocket Casts
If you want to play this in a different podcast app, this is the RSS Feed https://anchor.fm/s/870c5d0/podcast/rss
In this episode Chris starts off talking about what he looks for in a trading strategy:
Tyler and Chris then go on to discuss the following:
What does over fitting look like in trading systems?
Why seeking high win rate systems leads us down the path of over fitting.
“Finding” setups in random walk price data. How our brains are easily fooled by randomness.
Testing logic on in-sample and out-of-sample data (training and test data sets). A model that works well on both sets is best.
Why resilience is our true goal for a trading system. If it isn’t fragile, it has more potential to last over time.
How to deal with black swan risk. (Risk that doesn’t show up in any past data sets.)
Why robust systems are uncomfortable to sit through.
Why building a system that fits your temperament is the key to having success.
Finally we hit on why we all need to practice the basics of a system over and over. Get those reps in!
You can reach Tyler at @tylerhkling on Twitter and tyler@macro-ops.com
You can reach Chris at @chrisdmacro on Twitter and chris@macro-ops.com
Macro Ops Podcast: Macro Ops Monthly Intelligence Report, Dollar, Tesla and Birds with Alex Barrow
Chris sits down and chats with Macro-Ops Co-Founder Alex Barrow.
This one goes deep! If you are looking for an abridged version of the Monthly Intelligence Report, this isn’t it. If you want to download Alex’s views on the markets into your brain operating group, this is the episode for you.
The Monthly Intelligence Report is a paid monthly product you can learn much more about here.
Apple Podcasts
Google Podcasts
Spotify
Anchor.fm
Overcast
Stitcher
Pocket Casts
Breaker
We spend over two hours talking about:
Adam Robinson’s interview on the Knowledge Project Podcast, part 1 and part 2.
We cover the copper to gold ratio and how the credit market leads equities.
Tesla shorts.
Why everyone is bearish the dollar? How do we play that?
Gold leading the dollar, platinum leading gold and what price levels are important there.
Global recession outside of the US.
Chris’s labored retail store as trading analogy, losses are operating costs.
Building better systems, better mental models and stepping away.
Alex’s history as a sniper in the United States Marine Corps, and how that transfers over directly to trading.
Alex’s thoughts on managing his book, risk exposure, mistakes and waiting for the things that are obvious to find high expectancy positions. He talks about capitalizing on the one to two big macro opportunities in a given year.
The C-O-N-spiracy brokers have about getting successful people to think trading is easy and they should open accounts only to find the WORST User Interface/User Experience (UI/UX) platforms to trade on.
Alex touches on his new micro idea, ROAD (Construction Partners) on an IPO from 2018.
Alex comments on how US Equity Household allocation is near all time highs.
And finally a short convo about birds!
Enjoy.