103: Dave Bergstrom Escaping Randomness, and Turning to Data for an Edge

Published: Dec. 15, 2016, 7:50 a.m.

b'On this episode, I\\u2019m joined by a quant trader who works at a high frequency trading firm\\u2014though you might be surprised to hear, he started out on the same path that many retail traders do\\u2014his name is; Dave Bergstrom.\\nThe thing that makes Dave unique from most traders who\\u2019ve been on this podcast previously, is how he uses data-mining techniques to develop trading strategies. Though data-mining, in trading, often has a negative connotation attached to it, Dave believes this stems from bad practices and poor evaluation of methods.\\nIn addition to the above and ways to reduce curve-fitting, we talk about escaping randomness, learning to write code, Dave\\u2019s three laws for strategy development, setting expectations and plenty more.\\nQ+A: Got a question for Dave? Write in the comments area at chatwithtraders.com/103.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'