Chat With Traders

281: Marsten Parker - The Purely Systematic Wizard Trader


Listen Later

Starting in classical violin and computer programming, Marsten Parker's path took a transformative turn when he ventured into trading. Despite a rocky start, his disciplined, algorithm-driven approach led to consistent returns, earning him recognition in Jack Schwager's book, "Unknown Market Wizards". We get to learn about his transition from discretionary trading to systematic trading, emphasizing the importance of statistical analysis over emotional decision-making. Marsten used his programming skills to create fully automated trading systems to take advantage of breakouts, mean reversion, IPO opportunities, and other strategies.

About Marsten Parker

Marsten has been a full-time individual systematic trader for over 20 years. He is featured in Jack Schwager's book, Unknown Market Wizards.

Marsten is also the designer and developer of RealTest, a multi-strategy portfolio-level backtesting software. He has continued to evolve RealTest over the years as his primary tool for researching trading strategies.

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

Chat With TradersBy Kevin Avery

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

1,971 ratings


More shows like Chat With Traders

View all
The Investor's Podcast (We Study Billionaires)  - The Investor’s Podcast Network by The Investor's Podcast Network

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

3,347 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,072 Listeners

Top Traders Unplugged by Niels Kaastrup-Larsen

Top Traders Unplugged

592 Listeners

Masters in Business by Bloomberg

Masters in Business

2,175 Listeners

Desire To Trade Podcast | Interviews with Highly Successful Traders by Etienne Crete

Desire To Trade Podcast | Interviews with Highly Successful Traders

104 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

943 Listeners

Real Vision: Finance & Investing by Real Vision Podcast Network

Real Vision: Finance & Investing

905 Listeners

The Market Huddle by Patrick Ceresna & Kevin Muir

The Market Huddle

361 Listeners

Investing With IBD by Investor's Business Daily

Investing With IBD

374 Listeners

B The Trader by Alex B

B The Trader

358 Listeners

Excess Returns by Excess Returns

Excess Returns

84 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

435 Listeners

Forward Guidance by Blockworks

Forward Guidance

273 Listeners

The Macro Trading Floor by Alfonso Peccatiello & Brent Donnelly

The Macro Trading Floor

218 Listeners

Monetary Matters with Jack Farley by Jack Farley

Monetary Matters with Jack Farley

155 Listeners