In This Episode, You'll Learn:
- How many markets Peter trades and the number of different spreads
- The three points during a day in which volatility is elevated
- What triggers an exit from a trade when profit levels haven't been reached
If we hold positions for hours, it's extremely important to take into account intraday seasonality.
—Peter Kambolin- How Systematic Alpha Management makes decisions relating to sizing market positions
- The number of daily trades Systematic Alpha implements
- How much of the P/L comes from the hedge component of spread decisions
The best time to invest is not at the new high water mark. The best time to invest is during a drawdown if that manager has a long enough track record and has shown an ability to improve and recover.
—Peter Kambolin- What kind of Risk Budgets that Systematic Alpha Management runs
- How to drawdown profile has changed over the last few years
- Estimating and predicting Black Swan events
We strongly believe in our ability to recover and that is exactly what happened.
—Peter Kambolin- How Peter personally balances the challenging feelings of managing a portfolio in drawdown
- Exploring mean reversion and how the hedge ratios change daily
- On the value of being located in the heart of New York
- The biggest challenge for Peter in running Systematic Alpha Management
On one hand we try to be dynamic in how we hedge as we trade, on the other hand, if the changes are too strong we will ultimately cut the risk and stop trading.
—Peter Kambolin- Peter's opinion on why success in the CTA industry has shifted from the United States of America to Europe
- Why individuality is critical in success in the CTA industry
- Peter Kambilin's biggest failure and what he learned from it
- Some fun facts about Peter that you probably would never have guessed
Sponsored by Swiss Financial Services and Saxo Bank:
Connect with Systematic Alpha Management:
Visit the Website: www.systematicalpha.com
Call Systematic Alpha Management: +1 646 825 8075
E-Mail Systematic Alpha: info@systematicalpha.com
Follow Peter Kambolin and Alexei Chekholov on LinkedIn
I would say it's more art than science. We would look at which countries are behaving normally, which ones are generating positive returns and we would re-leverage those first.
—Peter KambolinPeter's questions for the next guest on Top Traders Unplugged:
"What percentage of your gains come from cash returns?" (Tweet)