138: Kevin Muir – In Search of the Next Great Trade—with The Macro Tourist | Chat With Traders

This podcast episode features Kevin Muir reflecting on his extensive trading journey, emphasizing the critical importance of adaptability to technological advancements in the trading industry, and the value of embracing change to capitalize on new opportunities. Drawing from his experiences in both institutional and independent trading, Muir articulates the necessity of developing a contrarian mindset and understanding distinct market dynamics to achieve profitability. He reinforces the significance of continuous learning, journaling, and sharing insights among traders as essential tools for success, reminding listeners that the key to thriving in any market lies in the ability to find unique edges and remain one step ahead of the competition.

Outlines

Sign in to continue reading, translating and more.

Open full episode in Podwise

138: Kevin Muir – In Search of the Next Great Trade—with The Macro Tourist

Chat With Traders

Introduction and Kevin Muir's Background

Early Trading Experiences and "Birds for the Bill"

Adapting to Technological Change and Hindsight Bias

Lessons Learned from Institutional Trading and the Importance of Being One Step Ahead

Trading Independently and the Challenges of Smaller Size

Diversifying Strategies and the Pursuit of the "Next Great Trade"

Balancing Macro and Intraday Trading and the Challenges of Time Frames

Macro Trading and the Global Financial System

A Macro Trade Example: Long European Equities

Contrarian Trading and Managing Risk in Macro Positions

Personality Traits of Macro Traders and the Importance of Journaling

The Story of the Norwegian Oil Speculator and the Importance of Finding an Edge

The Value of Sharing Trading Experiences and Conclusion

138: Kevin Muir – In Search of the Next Great Trade—with The Macro Tourist

Chat With Traders

00:00Introduction and Kevin Muir's Background

Introduction and Kevin Muir's Background

08:15Early Trading Experiences and "Birds for the Bill"

Early Trading Experiences and "Birds for the Bill"

18:30Adapting to Technological Change and Hindsight Bias

Adapting to Technological Change and Hindsight Bias

24:06Lessons Learned from Institutional Trading and the Importance of Being One Step Ahead

Lessons Learned from Institutional Trading and the Importance of Being One Step Ahead

33:36Trading Independently and the Challenges of Smaller Size

Trading Independently and the Challenges of Smaller Size

44:30Diversifying Strategies and the Pursuit of the "Next Great Trade"

Diversifying Strategies and the Pursuit of the "Next Great Trade"

53:14Balancing Macro and Intraday Trading and the Challenges of Time Frames

Balancing Macro and Intraday Trading and the Challenges of Time Frames

1:01:17Macro Trading and the Global Financial System

Macro Trading and the Global Financial System

1:04:23A Macro Trade Example: Long European Equities

A Macro Trade Example: Long European Equities

1:09:54Contrarian Trading and Managing Risk in Macro Positions

Contrarian Trading and Managing Risk in Macro Positions

1:12:58Personality Traits of Macro Traders and the Importance of Journaling

Personality Traits of Macro Traders and the Importance of Journaling

1:16:19The Story of the Norwegian Oil Speculator and the Importance of Finding an Edge

The Story of the Norwegian Oil Speculator and the Importance of Finding an Edge

1:20:35The Value of Sharing Trading Experiences and Conclusion

The Value of Sharing Trading Experiences and Conclusion