291 · Sam Miesse - Small Cap Quant Trader Grows $10K into $3.8M in 3 Years

Chat With Traders

Tessa Dao

Education, Business, Investing

4.9 • 2.3K Ratings

🗓️ 12 November 2024

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Inspired by the impact of predictive analytics on sales at Sam Miesse's tech company, he became interested in applying quantitative analysis to the small cap market. Spending nearly 2 years collecting data and observing how money moved into and out of many small cap stocks convinced him that there were repeating patterns which could be statistically exploited. After many back tests Sam finally had a system which processed over 10,000 small caps and produced 20-40 actionable daily opportunities. Starting with an experimental $10,000, his rigorously back-tested system gave him the confidence to stick with the signals, despite suffering a $500,000 daily drawdown along the way to growing his account to $3.8 million in less than 3 years. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Chat with Traders is brought to you by Trade the Pool.
0:04.2	Becoming a funded trader means trading with the firm's money instead of your own.
0:08.7	At Trade the Pool, you first complete an evaluation by hitting profit targets while managing
0:13.9	risk. Once you pass, you get access to up to $260,000 of buying power. You keep up to 80% of your profits while the firm covers the risk.
0:23.8	It's the perfect way to trade big without risking your own funds.
0:28.6	Are you ready to become a funded trader?
0:30.5	Join Trade the Pool.
0:32.3	Chat with Traders is also brought to you by Tasty Trade.
0:35.6	Ditch those rookie trading apps.
0:40.5	Get Tasty Trade, the platform for serious traders. Chart with 300 plus indicators. Know your profit odds and move fast. Trade stocks,
0:48.4	options, futures, and more, all in one account. See why serious traders choose TastyTrade. Visit Tastytrade.com.
0:57.4	TastyTrate Inc. is a registered broker dealer and FINRA, NFA, and SIPC member.
1:03.0	Trading in the financial markets involves a risk of loss.
1:06.5	Podcast episodes and other content produced by chat with traders are for informational or educational
1:12.1	purposes only and do not constitute trading or investment recommendations or advice.
1:18.6	I lost half a million dollars in one day. That was because I was pushing massive size,
1:23.8	but I should be pushing massive size. If I didn't do that, then my 10K might have turned to 50 or whatever because my risk
1:32.6	tolerance is so low.
1:34.1	But at the same time, there's kind of the balance because if you're like, well, screw this,
1:37.5	I'm going to go, I'm going to mortgage the house and, you know, let's just go crazy
1:41.0	on this.
1:41.8	And then you have some black swan event.
	...

Transcript will be available on the free plan in -93 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Tessa Dao, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Tessa Dao and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.