TuringTrader’s Felix Bertram — An engineer's approach to investing in the stock market

<p>TuringTrader&rsquo;s Felix Bertram joins us in Episode 3 of Smarter Trading to share his quantitative approach to investing in the stock market.</p> <p>We discuss why he decided to build a backtesting engine from scratch, the importance of tools and rich reports for traders to truly understand how they&rsquo;re doing, ingredients to profitable momentum trading systems, and a whole lot more. Please enjoy this episode!</p> <p><strong>Key learning points</strong></p> <ul style="list-style-type: disc;"> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Traders need comprehensive reports and tools in order to measure and improve their strategies</span></li> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">It&rsquo;s important to consider how efficient your allocating your trading capital</span></li> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Markets like to throw surprises that you can&rsquo;t possibly account for ahead of time</span></li> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Running a meta-portfolio of separate strategies reduces the chances all strategies fail at the same time</span></li> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Focus on one simple market concept at a time without making it too complicated</span></li> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Markets are not as efficient as people make them out to be</span></li> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Backtesting strategies unlocks insights that would take a discretionary trader decades to learn</span></li> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Tips on getting started to code and testing trading strategies</span></li> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Always compare a strategy performance versus a benchma