A couple of weeks ago we looked at the logic behind market making against EAs and whether or not you should warehouse the flow that comes from them.
One of the core ideas there was that, if you assume technical analysis doesn’t work, you should (theoretically) be able to warehouse everything, leaving aside the risk of being caught out by randomness.
Around the same time I was writing that or thinking about it, I also came across Ken Soh’s writings on technical analysis.
Ken is an independent trader based in London and, unlike most people I’ve seen discuss technical analysis, he seemed honest, to know what he was talking about, and have a career background that made him seem credible.
That being the case, I thought it would be fun to talk with him and see how he thinks about markets, what it’s like managing his own money, and how he trades the markets.
I appreciate this is a bit different to what I usually do but it was fun, so if you enjoyed it then let me know and we can do some more. Going back over the interview, I was also cognisant of the fact that there were lots of things I wish we’d discussed but didn’t. So who knows? Maybe there will be a round two.