Murray Ruggiero is the chief systems designer and market analyst at Tuttle Wealth Management with around 200 million dollars under management.
He is one of the world’s foremost experts on the use of intermarket and trend analysis in locating and confirming developing price moves in the markets.
He is also a speaker, author and has been a contributing editor to Futures magazine since 1994, producing over 180 articles.
In this episode we discuss various aspects of system development, including optimization, curve-fitting and creating robust strategies. We also discuss why trading strategies must have a premise, the importance and applications of intermarket analysis, cycles and a bunch of great questions from the audience.
In this episode we discuss
- Factors to success in system development
- Why it’s important to understand the underlying premise of a system
- Techniques to reduce or avoid curve-fitting and develop robust strategies
- Why Intermarket Analysis is so important and how it can be used to create profitable trading strategies
- How to get started with intermarket analysis and common issues traders face
- Using cycles to detect market breakouts and other applications
PLUS questions from the audience on...
- How to determine if a strategy has broken down or is just in a normal state of drawdown
- The relationship between drawdown and time
- Creating robust strategies and which ones have stood the test of time
- Performance of Tuttle Wealth Management and the differences between managing money for others and trading your own money
- Exits and how to choose the correct exit for your entry method
- Effective uses of AI in trading
- Regime switching between strategies
- The future of trading
For more information, visit http://bettersystemtrader.com/42
There are 3 major pitfalls with reaching consensus around the outcome of an event.
These fully specified, manipulation resistant, and publicly verifiable events form a necessary foundation for sound prediction markets. Without this foundation, prediction markets are subject to confusion, manipulation, and abuse. Though sometimes tricky, many prediction events exist that satisfy all of the criteria listed above. As the world moves forward into the realm of decentralized prediction markets, it will be important to keep in mind the pitfalls associated with many naive prediction events.
Sia , by Nebulous Inc., is a blockchain-based decentralized cloud storage platform.
Capital Markets Blockchains Are Finally Getting Go-Live Dates.
Assembled in New York this week, a handful were even confident enough to give firm timetables for production. For those tired of blue-sky talk, it was refreshing to hear large-scale financial infrastructure projects discussed openly and frankly, in clear terms of where they are and when we can expect to see things going live.
Underscoring the seriousness of the undertaking, ASX recently produced an 87-page progress report. Roll-out is targeted for late 2020 or early 2021.
In the weeds.
The enormity of such a project may not be obvious to those unfamiliar with the creaky plumbing of the capital markets.
At the completion of phase one, DTCC will have nodes set up internally for every firm that it knows will run one, plus some general nodes that will take care of supporting the transactions and processing for the firms that do not wish to support a node of their own.
For this project, DTCC has taken a multi-vendor approach. Ethereum-inspired startup Axoni is providing the technology, with IBM helping to manage the project, and R3 providing best practice guidance on areas like selecting the right data models.
Luxembourg is the largest fund management hub outside of the U.S. The jurisdiction holds many trillions of dollars worth of assets under management.
The KPMG-led project includes banks like BNP Paribas, Credit Agricole and others, as well as over 400 asset managers. The technology used is ethereum-based Quorum, the popular open-source project run by JP Morgan.