Hello everyone, how’s it going?
When this episode is released, I’ll be on holiday in the Maldives. Yup, I’m emulating the Tim Sykes lifestyle!
In any case, here’s a few episode for you. It may even introduce you to a new kind of trading strategy, one that may have never heard of before.
Today’s guest is Tim Steenstrup who is a proprietary trader. I actually met him briefly when I was in New York City.
Tim has been a cross-border arbitrage trader since 2013 at Conventus Capital. However, markets have been a part of his life since 1994. He’s been part of a hedge fund (it was featured in the movie The Big Short), a brokerage firm in Japan and the trading firm First New York Securities.
In this episode, we chat briefly about Tim’s backstory. We also dive deep into the mechanics of how a cross-border arbitrage strategy works. Like Tim mentions, this strategy can be difficult to implement as a retail trader. However, I still think it’s a good idea to learn about different approaches of the ways professional traders trade.
It’s actually very interesting when you listen to how Tim’s used insights from his previous jobs and experiences to help shape his current trading strategy. He also gives listeners some use insights about recovering and taking losses.
It’s my pleasure to introduce you to Tim Steenstrup.
Aaron Fifield is a developing trader, and host of the Chat With Traders podcast. Each week he interviews successful traders and financial thought-leaders to extract their best insights, which is listened to by thousands. On the trading front, Aaron is learning how to code and is pursuing algorithmic trading systems.