Better System Trader

Tim Rea is a proprietary trader, trading his own money with well over 100 automated systems across 25 different Futures contracts. He is a past winner of the World Cup trading championship, along with being a CTA and broker but gave that away to focus on trading his own money. In this weeks episode we discuss various aspects of trading multiple strategies, including monitoring performance, money management, correlation, technology and trading in markets not in your timezone. We also discuss the impacts of the MFGlobal and PFG collapses and how Tim overcame the heavy losses to continue trading. Topics discussed How poor experiences investing with others drove Tim to figure it out for himself Becoming a systems vendor, CTA and broker and why he then left it all behind to just trade his own money How shorter term trading can increase confidence in a system How many strategies he’s currently trading (hint: its more than 100!) Keeping track of the performance of multiple strategies Why you shouldn't just stop tra