Futures Radio is a weekly talk show hosted by 18-year futures veteran and CME member Anthony Crudele, an ex-pit trader and one of the first to trade the E-Mini S&P. Each week Anthony talks with traders, CEOs, and other proven market participants about relevant trading and investing information.

Ep: 118 Simplifying Your Analysis, Diversifying Your Markets

Posted on Mar 30, 2017

Subscribe for New Shows & Blog Posts
We respect your privacy.

Guest:

Ole Hansen

Head Of Commodity Strategy at Saxo Bank

Record Date: 3/22/17

Dear Traders,

Today I spoke to a man that grew up on a farm in Denmark, moved to Copenhagen where he worked in the Forex Exchange.  He then worked at a hedge fund in London where he traded commodities.  He currently works at Saxo Bank in Copenhagen where he became the Head of Commodity Strategy.  His name is Ole Hansen.

#FuturesRadio 'Do your homework. Have discipline when getting out of positions. Keep your wins bigger than your losses. Don’t listen to anyone who can offer you unrealistic return Click To Tweet

Ole was kind enough to share with us his process on how he does his research using both fundamental and technical analysis.  I love how Ole says that he’s old school and uses the KISS theory, he keeps it simple when doing analysis.  We discuss how his strategy has evolved over the years and why managing risk is THE most important aspect to him.

Finally, he gave us his outlook in the Oil and Gold markets.  Ole is a really nice guy who has a great understanding of markets.  His research is always insightful and I know you will enjoy hearing from him.  Thank you for listening, and please enjoy this episode.

Take-a-Ways:

  1. How Ole combines FA and TA to find trading ideas with his firm. How he keeps it simple and old school to succeed. Reading the COT (commitment of traders) data. Watching Oil and Gold.
  2. How his personal trading has evolved and how he manages risk.
  3. Ole’s outlook in the oil and gold/silver markets… where we could start seeing some cracks.

Rapid Fire:

  1. How has your trading evolved over the years?
    • Went from being a single trade guy to a multiple trade guy. Don’t put all my eggs in one basket.
  2. Can you tell me the moment that trading just clicked for you?
    • When I stepped into the trading floor in Copenhagen. When I saw a Reuters machine pumping out prices.
  3. What’s the number 1 source you spend your time on?
    • Bloomberg Machine and Twitter and tweetdeck.
  4. Favorite Movie About Trading:
    • International News Channel.
  5. Best Advice Ever Received About Trading:
    • The more positions you have the more diversified you the better you shield yourself against major changes.
  6. Advice to Give to Others About Trading:
    • Do your homework. Have discipline when getting out of positions. Keep your wins bigger than your losses. Don’t listen to anyone who can offer you unrealistic return. When you get started you don’t have to jump right into futures or difficult products.
  7. If you weren’t a trader you’d be what…
    • Farmer.

Resources:

Quotes:

  • “What I’ve learned is the importance of discipline in terms of risk. Do not get married to your position…Always consider where you want to get out before you enter…” 10:30
  • “I think gold is more as a diversification instrument rather than a safe haven. We have a lot of uncertainty coming from U.S, Germany, and N. Korea…” 15:30
  • “Do your homework. Have discipline when getting out of positions. Keep your wins bigger than your losses. Don’t listen to anyone who can offer you unrealistic return.” 22:05

2 Comments

  1. Well done Antony! Those episodes are very interesting! Saluti dall’Italia

    Post a Reply

Submit a Comment

Your email address will not be published. Required fields are marked *