TTU82: Simplicity vs. Complexity in Trading Models ft. Oliver Steinki of Evolutiqz – 2of2
In the second part of our conversation with the cofounder of Evolutiq, we dive into the firm’s trading strategy, how they manage risk, and what kinds of investors they seek. He also discusses tips for budding entrepreneurs and firm managers, and how he deals with explaining the complexity of his trading models.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn This Episode, You’ll Learn:The details of Oliver’s portfolio.What types of markets have more success for their models.Their unique allocation process.How to explain these scientific terms to potential investors.The question of simplicity vs. complexity.How they managed intra-day forecasting.How he manages risk.The way that market correlations play into the portfolio.Oliver’s thoughts on drawdowns and the worst ones that he is expecting.How do you know when a model has stopped working.What Oliver’s experience has been as the world has become more divergent.What keeps him up at night.What he is looking at in his research for the firm right now.How models can start decaying.Who he is targeting for his firm.How he manages the cash portion of his accounts.How setting up a company outside the big financial center affects his business.What questions investors should be asking him during due diligence meetings.The advice he would give to aspiring managers.-----Resources & Links Mentioned in this Episode:Oliver recommends reading The Mathematics of Money Management.He also recommends Algorithmic Trading.Learn more about Harry Markowitz, mentioned in this episode.Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an...
8 Juni 201559min
TTU81: How A Serial Entrepreneur Built an Algorithmic Trading Firm ft. Oliver Steinki of Evolutiq – 1of2
Our next guest has started and invested in many companies, and is from an entrepreneurial background. First and foremost, he is concerned with running a business, but he also knew he wanted to be a portfolio manager from an early age. Hear the fascinating story of Oliver Steinki on this episode, as we dive into his new firm and the details behind his models and strategy.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn This Episode, You’ll Learn:The entrepreneurial background that Oliver comes from.How he studied in Germany, Madrid, and Manchester.About his childhood and when he started to realize he was interested in mathematics and finance.What he likes doing when he is not managing his own firm.What algorithmic trading is all about.How the scientific trading model generates signals.What the trade implementation phase entails and how it works.What it is that Oliver is trying to deliver to his investors.About the other companies he started before his current firm, and all the different industries those companies are in.Why he is a business man first and a trader second.Who is on his team and the roles they fill.Why the early phase of his business is important and what you can learn from how Oliver tackles this phase.How he would scale his current business model.How he creates a culture and keeps a partnership with his cofounders.His track record so far.The details of how his strategy is created.What a levy-process model is.How many models he is testing and trading and how different they are.Why they need to be right 54% of the time with their models.-----Resources & Links Mentioned in this Episode:Read about the French mathematician that Oliver discusses, Paul Lévy.Niels mentions his earlier conversations with Dave Sanderson, which you can listen to here and here.Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer <a href="https://www.toptradersunplugged.com/resources/market-trends/" rel="noopener noreferrer"...
2 Juni 20151h 2min
TTU80: Managing Your Emotional Capital ft. Mike Coleman of RCMA Asset Managementz – 2of2
In the second part of our conversation with Mike Coleman, we explore the different commodity markets and how RCMA trades them, and look back at the drawdowns that Mike has gone through and what he has learned from them. We discuss risk, idea generation, and what it takes to build a successful firm.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn This Episode, You’ll Learn:How correlation plays an important role in what Mike does.What he thinks of the current oil market and the outlook for oil.How they use relative value trading and what that is.What process they have for getting an idea into an actual position.How they have a different relationship between trader and analyst than other firms do.How he defines risk and how he looks at risk management.What he has learned from the drawdowns he has gone through.How to get the investor’s confidence in the manager to a place where they don’t drop out at the worst time.Why regulatory risk is something that keeps him up at night.How his strategy has changed over time.If it’s possible to backtest any part of his strategy.What the typical investor in his firm looks like.What location means for a business like Mike’s.-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Mike Coleman on Linkedin.Copyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things...
20 Apr 20151h 4min
TTU79: The Romance of Trading Commodities ft. Mike Coleman of RCMA Asset Management – 1of2
Our next guest lives in Singapore, where he founded a firm that trades in the commodity markets. In this episode, we trace his upbringing in the UK and his first job at Cargill to the start of his firm. We discuss the growth and downsizing periods he has gone through and how he builds a successful business.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn This Episode, You’ll Learn:Where Mike grew up and how his upbringing shaped his career.How he was interested in travel from an early age, and found out about commodity trading in his final year of university.How he started out as a commodity merchant with Cargill.How he fell into rubber trading which led him to Singapore in 1984.About the beginnings of RCMA.How the commodity markets have changed over the years, and what kinds of companies are still working with commodity trading.The most important things he learned at Cargill that helped in the management of his own firm.What he learned before computers become ubiquitous on trading desks.What Mike likes to do in his spare time.How to make sure you are set up for success when you start a business or firm.How you get through the hard times of your business as an entrepreneur.What he does to organize his firm to make it run in the best way possible.How they’ve dealt with a boom and bust phase in their business, including personnel.The way that he has built the culture in his business.How investors should read a track record from a discretionary trader.What patterns he looks for when trading for commodities.-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Mike Coleman on <a href="https://www.linkedin.com/pub/michael-coleman/5/25b/238"...
13 Apr 20151h 6min
TTU78: If You Believe In Your Models, Never Deviate From Them ft. Kim Bang of Prolific Capital Markets – 2of2
In our second part of this conversation, we dive into the details of the program that Kim runs. We discuss why it’s important to stick with your models, even in times of severe drawdowns, and how Kim views risk. He also talks about the books and people that have inspired him in his career.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn This Episode, You’ll Learn:The details behind the program Kim runs.What he feels about larger drawdowns.What kind of indicators goes into the models that he uses.Why he uses a non-cyclical approach to creating trading models.How he looks at volatility.What kind of mean reversion strategies he uses.How he responded to the Swiss Franc move.How Kim quantifies risk.How do you prepare for a drawdown when you haven’t gone through a significant one?How his firm comes up with new ideas and goes about doing research.The positives and challenges with working as a father and son team in the same firm.How he knows when a model has stopped working.What he is doing to launch his first fund.What questions investors should be asking in due diligence conversations with him.What books have impacted Kim’s career.How he sees the firm in the future.-----Resources & Links Mentioned in this Episode:Books that have influenced Kim include Market Wizards, The Quants, and books by Ralph Vince.Learn more about people who have inspired Kim, including Roy Niederhoffer, Welles Wilder, and John Henry.Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend...
31 Mars 20151h 21min
TTU77: Competing in the Long Tail of Managed Futures ft. Kim Bang of Prolific Capital Markets – 1of2
Kim Bang grew up with his father’s shipping industry in Denmark, and discovered a fascination of the managed futures industry. He went on to work for companies such as Bloomberg and AIG, before founding his current firm with his son. Listen to his story and find out what makes a firm that can compete in the managed futures industry.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn This Episode, You’ll Learn:How Kim grew up in Denmark with his dad in the shipping business.How he got into futures markets through his dad’s business.Kim’s education in the U.S. and his first job on Wall Street.How he left AIG to start his own business.His time at Bloomberg building and running their TradeBook system.About Kim’s son’s research club at New York University.How he decided what to do next after his company was sold.How he launched Prolific Capital Markets in 2013.What he does when he’s not working.How he built his business.The funds needed to start his business and how institutional clients should be sought after.What he can do himself and what he has outsourced.How he builds a strong culture in his organization.What his track record means to his potential investors.What Kim is trying to achieve with the program itself.What kind of environments are good for his program.-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Kim Bang on Linkedin.Copyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover...
24 Mars 20151h 24min
TTU76: Why He Still Trades His Own Money ft. Barnaby Cardwell of Cardwell Investment Technologies – 2of2
In the second part of our conversation with Barnaby Cardwell, we dive into the details of his program, how he built his company, and what he thinks it takes to be a good manager of a trading firm.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn This Episode, You’ll Learn:What indicators Barnaby considers more reliable.How he gets into a trade.How important is the position sizing?How much AUM his model can handle.Risk management: how he defines risk and what he does to mitigate it.What he has learned from drawdowns.What keeps Barnaby awake at night.Trading spread between markets and the research his firm is doing into that space.Why he focuses on the managed-account route.How he stands out from the crowd to attract investors.About “key-man” risk.What potential investors don’t ask in their due diligence questions.What it takes to be a great trader.What books have inspired him in trading and life.What his biggest failure is so far.-----Resources & Links Mentioned in this Episode:People that have inspired Barnaby include James Harris Simons, QIM, and the book Trading in the Zone.Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Barnaby Cardwell on <a href="https://www.linkedin.com/pub/barnaby-cardwell/19/576/848"...
5 Mars 201552min
TTU75: Competing in the Short Term Space ft. Barnaby Cardwell of Cardwell Investment Technologies – 1of2
Our next guest is a fund manager in the short-term space, and thus is distinct from many of the guests on this podcast. He discusses how he got into the financial markets from a young age, and why he decided to trade in the short term space in order to separate himself from the competition. Listen in for details into his program and how he started his hedge fund.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn This Episode, You’ll Learn:How Barnaby grew up and what got him interested in the financial markets.Why he left being a broker and went in to a more systematic approach.How he met his future business partner.How they started his fund in late 2008.What it was about the Market Wizards books that captured his imagination.What he does to compete outside of trading.His first mentor and what he taught Barnaby.Why he decided to go short term.How automation has changed his industry.How he gets through the hard times in the market.An overview of the program that his company runs.How he set up his company and attracted investors.The challenges that let to auto-execution of trades.How he builds a strong culture in an organization.How he wants people to look at his track record.Why he uses time-based stops.The details of the short term models he uses.How he creates a strategy.-----Resources & Links Mentioned in this Episode:Learn more about Market Wizards and Jack Schwager.Check out information on Toby Crabel and his book.Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and...
2 Mars 201557min
