As a risk officer with the Chicago Mercantile Exchange, Will Gogolak was setting margin requirements and saw a wide variety of traders’ accounts and what separated the winning traders from the losing ones, before leaving to pursue his own trading and obtaining a PHD in finance and share his knowledge of quantitative analysis and market experience with students at Carnegie Mellon University. Combining his market experience with knowledge of statistics helps William create his custom buy the dip strategy with futures and leveraged ETFs, and focusing on probabilities and determining market direction for informed trading decisions.
Disclaimer
Trading in the financial markets involves a risk of loss. Podcast episodes and other content produced by Chat With Traders are for informational or educational purposes only and do not constitute trading or investment recommendations or advice.
Topics & Timestamps:
Please note: Exact times will vary depending on current ads.
0:00 Introduction
5:15 Background and experience at the CME
8:28 Raising margin requirements
13:28 Why did oil go below zero in 2020
15:40 Observing traders accounts
23:00 Ways to pick trades
28:18 Quant analysis shown in the charts?
32:15 Tools to get into quant analysis
34:45 Buy the dip methodology
38:30 How often Will gets buy signals
42:00 Contextualization within the framework of conditional probabilities
44:45 COT reports as an indicator of extremes
51:00 Suggestions to traders
52:10 What Will is working on now
Will Gogolak
Links & Resources
Email: wgogolak@hawk.iit.edu
CME’s Educational and Insights Page: https://www.cmegroup.com/education.html