Two weeks to go: Buy your ticket for City PM’s trading conference
Q What is your trading background?
A Rakesh Shah started off in 1995 servicing hedge funds by setting up margin FX trading at investment banks. Emilio Tomasini, a quant trader since 1992, set up the biggest real money trader championship in Italy. Now at Kingly Capital, we trade systems for Algo Flex, a listed Sicav Fund and apply quant techniques in financial advisory for institutions and high net worth individuals.
Q What will you be covering in your session at City PM’s trading conference on 24 May?
A Price pattern behaviour. Is it possible to beat the financial markets with an easy technique? This is the question many finance practitioners ask themselves when they encounter financial quant trading the first time. We will show some techniques based on price patterns that everybody can apply.
Q Why is this important for traders?
A Markets react in the same way to the same stimulus, so we can rely on this common behaviour to predict future price action with statistical significance. Algo tools that are robust and significant can change your trading life.
Q What is the most important lesson to learn as a trader?
A To suddenly increase risk capital after a winning streak is a mistake. Statistically, every strategy has drawdowns; most traders increase size at the wrong time.
Q What are the most important tools a trader needs to have?
A Systematic trading gives you the power to trade all day using predefined rules and strategies without emotion interfering, often the biggest downfall of a trader. Plus knowledge of statistical risk measurement: if you can’t measure the risk, one day you’ll be wiped out.
Q What is the worst mistake a trader can make?
A To believe your thoughts are an accurate map of the markets. Knowledge is only power if it can be applied correctly in the market.
Q Why are you excited to be taking part in City PM’s trading conference?
A To give the professional reality of money management. It’s the first event focused on getting the real trading to active traders.
To meet dozens of trading gurus like these, buy a ticket for Active Trader on 24 May:
www.cityamactivetrader.com
Or call: 020 3201 8900
RAKESH SHAH & EMILIO TOMASINI
5.40pm-6.30pm, 24 May
Rakesh Shah is a quant trader and founder of Kingly Capital, a regulated advisory asset manager. He started in investment banking in 1995, has worked on trading desks in London and New York. His experience gives him a unique insight into the practical application of the market’s most profitable trading strategies.
Follow him on Twitter: @KinglyRakesh
Dr Emilio Tomasini is an adjunct professor of corporate finance at the University of Bologna. He has recently published Trading Systems, which builds on 20 years of research into effective trading systems on an intraday and daily basis. Tomasini applies highly scientific and practical methods to trading systems and algorithmic trading.