You are currently viewing 039 – Interview w Rob Carver, Author of “Systematic Trading”

039 – Interview w Rob Carver, Author of “Systematic Trading”

Consistent Profits Podcast
Consistent Profits Podcast
039 – Interview w Rob Carver, Author of "Systematic Trading"
Loading
/

For those of you not already familiar with him, Robert Carver is an independent systematic futures trader, writer and research consultant.  He is also currently a visiting lecturer at Queen Mary, University of London, and a research advisor to Stylus Digital, a hedge fund trading digital assets. Robert has authored several books including “Systematic Trading”, “Smart Portfolios”, “Leveraged Trading” and “Advanced Futures Trading Strategies”.

Until 2013 Robert worked for AHL, a large systematic hedge fund, and part of the Man Group. He was responsible for the creation of AHL’s fundamental global macro strategy, and then managed the funds’ multi-billion dollar fixed income portfolio. Prior to that Robert worked as a research manager for CEPR, an economics think tank, and traded exotic derivatives for Barclays investment bank. Robert has a Bachelors degree in Economics from the University of Manchester, and a Masters degree, also in Economics, from Birkbeck College, University of London

Show Notes

  • Rob’s pivot from computer science to economics and eventually trading highlights the importance of adaptability in navigating career changes.
  • He discusses how economic theories were applied, albeit limitedly, in practical trading decisions.
  • He emphasizes the need for standardization of trading terminology across different trading communities to avoid confusion and misinterpretation.
  • Robert discusses his background in institutional trading and his decision to venture into building his own systematic trading systems from scratch.
  • He explains how his books originated from his hands-on experience, with the first book detailing the process of designing a systematic trading system and the second focusing on applying systematic strategies to long-only investments in stocks and ETFs.
  • He emphasizes the importance of trend trading and momentum, detailing how he uses exponentially weighted moving average crossovers and carry strategies in his trading systems.
  • Robert explains his belief in collecting risk premiums rather than seeking alpha and elaborates on concepts like momentum, carry, and skew as forms of risk premiums.
  • He highlights the dangers of overfitting in backtesting, stressing the need for a deeper understanding of the process and avoiding common pitfalls like selecting models based on their past performance.
  • Robert’s range of books on trading, focusing on different aspects like systematic trading, smart portfolios, leverage trading, and advanced futures strategies.
  • He emphasize the varying accessibility levels of his books and recommendations on where to start for beginners.

This podcast is brought to you by https://InsideOutTrading.com, where the focus is specifically on CONSISTENCY, so you’ll find all sorts of unique resources to help you trading profitably and with confidence.

About the podcast

How to connect 

What’s important to you about trading?  Comment below