Top Trader Radio [Episode 9] Richard Metzger prefers pragmatism and probabilities to the pursuit of perfection

Season 1, Episode 532,   Oct 09, 2017, 12:03 AM

Four years ago, Richard Metzger went from designing the logic that goes into cell phones, computers and electronics to designing trading algorithms for his own venture AlgorithmicTrading.net. The results in just a short time have been impressive.  In Episode 9 of Top Trader Radio, Richard and host Charley Wright cover a broad range of topics from why to avoid perfection to how to use inversely correlated instruments to hedge. Richard has algorithms for a variety of market conditions but within each strategy he advocates for simplicity when possible.  Richard offers one of his marquee strategies under the name Swing Trader ES TYon a privately branded Collective2 site.  "Always remember, don't let the perfect become the enemy of the sufficient ... because back-testing is only a small part of the battle. I've coded over 300 algorithms, almost all of which did poorly when applied to live trades. A few stood out as gems and those are what we offer to our customers today." Richard Metzger Founder, Lead Developer, Quant Algorithms LLC Richard spent over 10 years as a logic designer engineer at Fortune 500 companies including Hewlett-Packard, Intel, and Qualcomm. In 2013, after trading on the side during his entire career, he founded AlgorithmicTrading.net (now under parent company Quant Algorithms) to capitalize on his expertise in algorithm development, finite state machine coding/design and advanced mathematics. Richard has a Bachelor of Science in Electrical Engineering with a computer science emphasis from Boise State.