Ep. 229: William Adams Interview with Michael Covel on Trend Following Radio

Published: April 16, 2014, 4:14 a.m.

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My guest today is William Adams, a private trader and systems developer. He is based in Zurich and works with institutional clients. Adams has over 17 years of experience in financial markets.

The topic is trading.

In this episode of Trend Following Radio we discuss:

  • If Adams views himself as a trend following trader
  • Why the word futures can be problematic
  • Broad diversification and diversifying on a number of different tiers
  • Risk-based diversification
  • Why making sure you\\u2019re in the game is the most important factor
  • Why every business is seasonal
  • Why price is the most important aspect to a trade
  • How Adams has (or doesn\\u2019t have) the \\u201cexpertise\\u201d to trade certain markets
  • Informing your system of various events as a quantitative or systematic trader
  • Thinking about Adams\\u2019 strategy in the context of evolution
  • Core baskets vs. satellite baskets
  • The adaptive aspect of what Adams does
  • The philosophical and operational aspects of volatility
  • Average true range as a volatility measure
  • Trading to make a return vs. trading as an economist
  • Adams\\u2019 greatest areas of challenge and frustration
  • Michael Lewis and whether the markets are \\u201crigged\\u201d
  • Execution strategy

Jump in!

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I\\u2019m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I\\u2019m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I\\u2019d like to give you a great piece of advice you can use in your life and trading journey\\u2026 cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can\\u2019t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

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