The Chartist’s Nick Radge recently joined Owen Rask on The Australian Investors Podcast to talk about his journey to building The Chartist, learning about stock trading and why Nick choose share trading over long-term investing.
Podcast with The Chartist: list of talking points
As of October 2022, you’re down $985k in FY22. That’s nearly a million dollars! How does that feel, Nick? I mean, how do you respond to it? Does it test your resolve emotionally or do you think of it as an opportunity to ‘solve’ a problem?
Did your parents or any mentors teach you about investing? How did you get your start?
How about before The Chartist? What did you do? What led you to the founding of the business?
What’s been the single most important lesson you have learned since you began trading?
Nick Radge’s trading philosophy
Why do you believe the way you invest works?
How do you test, implement and execute your strategies? What’s involved? Let’s go through it all. How many stocks do you own, trade, duration, downside e protection, etc.
When it comes to systematic trading, some folks will hear about it and be overwhelmed. I often say any type of investing is a 3-year apprenticeship, and there’s no substitute for experience. If you were starting from scratch, what would you remind yourself to learn about trading, how would you go about it?
What are 3 ways quantitative strategies go wrong?
What software do you use to implement your strategies?
Personal questions
You live here in beautiful Noosa, you lift metal and go out on the boat during sunset. It’s a terrific lifestyle. And from the outside, it would seem financially you guys are doing very well. So why do you do it? What motivates you?
If you didn’t end up investing, what would you be doing?
What’s one thing you believe that few people agree with you on? Feel free to take your time. It could be anything.
What have you been working on lately?
What’s the best way to reach you at The Chartist?
Nick Radge, The Chartist
Nick Radge is a professional trader, analyst, mentor and author. Nick was a trader on the floor of the Sydney Futures Exchange, worked for international banks in London, Singapore & Sydney. Expert in trading system design and technical analysis.