Really interesting article. In my early years, I was lucky enough to get a clerk’s job on the equity trading floor at CIBC (1999-2000). I didn’t last long (less than a year) as the pressure was not for me. I stuck with the concept of trading though, and reinvented my approach after reading Michael Covel’s Trend Following. Covel’s book was life changing for me, and allowed me to redefine what I thought trading meant. I ended up moving towards systematic trading and have never looked back. No screens, no intra day decisions, everything is coded and systems run in the evening. For me, this works.
Really interesting article. In my early years, I was lucky enough to get a clerk’s job on the equity trading floor at CIBC (1999-2000). I didn’t last long (less than a year) as the pressure was not for me. I stuck with the concept of trading though, and reinvented my approach after reading Michael Covel’s Trend Following. Covel’s book was life changing for me, and allowed me to redefine what I thought trading meant. I ended up moving towards systematic trading and have never looked back. No screens, no intra day decisions, everything is coded and systems run in the evening. For me, this works.
Amazing.
Thanks for sharing your experience here.
Adaptation and customising one’s process to their strengths is indeed key
Great article Fred !
Thanks Nayyir. Glad you liked it.
“Trust the process, forget daily P&L” - so key. until you figure out the process that works for you, it’s so hard to get better imo. 👏
thanks for the kind comment Zach.
You are right 100%. We all need to find our own process.
To be fair I had to find a new one as I transitioned from Energy PM to independently managing my own money in equities and broad commodities.
So adaptation is also key.
Thanks Fred, merci beaucoup.
Pleasure, merci de ton feedback Julien