028: Andrew Falde How to Avoid Predicting, the Purpose of Options Markets, and 7 Components of Profitable Systems

Published: July 9, 2015, 7:59 a.m.

b'Attracted by the fact that traders can make money in both rising and falling markets, this weeks guest Andrew Falde, left a career in commercial real estate when the GFC hit in \\u201908 to focus his attention on becoming a trader.\\n\\nA few years on, Andrew has carved a profitable niche for himself; trading options and designing systems. Both topics which are covered in depth during this interview.\\n\\nSome of the highlights from this discussion, would be; the way in which Andrew avoids trying to predict the market, and instead thinks of trades as a series of \\u2018if \\u2013 then scenarios\\u2019. Also, the purpose of why options markets exist is really interesting, as well as the important factors one should consider when designing a system, and how Andrew applies a blend of systematic and discretionary aspects to his own trading.\\n\\nGOT QUESTIONS? If there\\u2019s something you\\u2019re challenged with, or something you want to know more about, then take this opportunity to ask Andrew a question. Whether it\\u2019s in regards to trading options, designing systems, or just trading in general \\u2013 Andrew\\u2019s your man, leave a question for him in the comments at the bottom of this page.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'