Jeff Davis is a day trader who specializes in the S&P futures, and he predominately trades a mean-reversion strategy built upon both real data and statistical probabilities.
Across his 20-year trading career, Jeff has also been heavily involved in the process of developing and deploying algorithmic strategies. He discusses how he managed to do this without learning how to write code.
He also brings us back to his prop days, the risks of being a one-man-business, automated trading, specializing, statistics, and more. This interview has one prevailing theme: build confidence in your strategy and size up when you have the edge.
What’s Covered in This Interview:
- How Jeff started trading while juggling multiple jobs and family life.
- How one trader blew up the entire firm!
- What motivated Jeff to begin automating his trading process.
- The hazards of running a one-man business, i.e. being a trader.
- How Jeff became an algorithmic trader without learning how to write code.
- How to avoid (some) rabbit holes.
- Jeff outlines what to strive for, “It’s not what you add, it’s what you take away. Do less, do it better, and do it bigger!”
- Figure out how to implement a trading strategy that suits you.
- Jeff uses statistics to find high probability setups.
- The value in specializing and why to avoid being a jack-of-all-trades.
- Learn how Jeff uses wide stop placement to manage risk in an ‘unconventional’ way.
- Discover why you must build strategy confidence, then push hard while the edge exists.
Links and Resources:
- Medium.com – Check out Jeff’s most recent blog posts on the Medium platform.
- @Shaq48_Trading – Follow Jeff on Twitter.
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