141: Models are like unicorns - with Kevin Saunders

We have a really interesting one here for you today, one that may challenge your existing thoughts on trading models.

I know this episode has certainly made me think about it from a different angle, so I hope you enjoy this.

Our guest for this episode is Kevin Saunders from Tribelet Capital.

Kevin is a specialist in electronic trading across many international exchanges, co-founding Non Correlated Capital in 2009, which later became a licensed CTA with more than USD 40 million under management.

He has won a bunch of awards for his trading and academic achievements, and he also developed a program here in Australia called the "Joey Experiment" which we're going to talk a little bit about as well.

In our chat today you'll discover:

• Why traders must disentangle themselves from the requirement that a model must work and produce money – and the alternative approach that uses charts more predictable than the underlying market,
• Why building a mathematical model is like creating a unicorn that doesn't represent reality,
• Why traders need to stop thinking about building a model as a 'solution' and how to think about it instead,
• Plus much more.

Sounds interesting? Well let's get started, and jump over now to my chat with Kevin.

Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.