Read on to find out more about the trader behind DARWIN $VQB!
So, tell us a little about yourself. How did you get started and how long have you been trading for?
My beginnings in trading came as a consequence of trying to find an ‘occupation’ for the surplus liquidity for the company I work for.
I started with the futures in 2012 and soon became interested in other market and other methodologies.
About your trading strategy: what pairs do you usually trade? Do you always trade the same timeframes?
I am not set to any particular pair nor to any particular timeframe. When I optimise a strategy I try to do it with all pairs and with all the timeframes. It is very painstaking but it doesn’t restrict me.
As a trader, what would you say is your greatest strength?
Let the market be. Although we are in this to win money, I follow the buddhist philosophy: ‘Observe things as they are; you mustn’t have too strong an aversion for loss nor an attachment for profit.’ This way you will always be at peace with yourself.
And your biggest weakness?
The lack of loss aversion at times can come across as not being interested in reacting to adverse situations, but what really matters is the end result.
Our algos tell you are very good at when it comes to manage your Loss Aversion. Any ideas for other traders who need to improve on those attributes?
Well, there will always be losses therefore you have to learn to live with them. It is ridiculous to think that we are always the best and that we will always win all the trades. You have to be generous with the market so that it returns the generosity back in abundance.
When a strategy is well optimised and it works you have to let it be even if it has a period of losses.
What is the most important lesson you have learnt in your trading career?
Without a doubt humility and patience.
Someone once told me that there are two types of traders: ‘those that want to be right and those who make money.’ Humility and patience allow you to be the second type, which is what we are all aiming for.
Finally, any comment you’d like to share with the fellow traders who read this?
Training, simplicity and perseverance.
As the Valencia Basketball Team motto says: ‘The more effort I make, the luckier I am’. Therefore, do no falter but look for simplicity.
The simple things are the ones which work best, both in trading and in life.