About This Site
Who We Are
This website is written and managed by Oddmund Groette and Hakan Samuelsson and their team.
Mr. Groette is a native Norwegian but resides in Latvia. Mr. Samuelsson lives in Sweden, where he trades, invests, and also manages one of Sweden’s most popular financial websites.
We have been independent full-time traders and investors for +20 years. We have traded every time frame there is and have gained valuable trading lessons.
Please follow us on Twitter, Instagram, and Youtube.
Oddmund Groette
- 1990-94: Norwegian School of Management (BI): Master degree – Business Administration.
- 1994-95: Mandatory military service.
- 1995-96: Heriot-Watt University: MSc Banking And International Finance.
- 1996-1998: Auditor
- 1998-2001: Co-founded Aksjeform.com, one of Norway’s first websites about trading and investing. Acquired by Digi.no in 2000.
- 2001-2018: Full-time independent and 100% systematic day trader. Passed Series 7 in 2001 with flying colors, but the license has since lapsed.
- 2018-today: F.I.R.E and full-time investor.
Mr. Groette has published four books about investing and trading in Norwegian. His book Aksjekjøp og Daytrading has to this day sold 30,000 copies, a record for a financial book in Norway.
Håkan Samuelsson
- Samuelsson has a Master’s Degree in Engineering from the Royal Institute of Technology in Stockholm.
- He found a passion for trading early in his life and has been trading for many years as a proprietary trader and retail.
- Today: F.I.R.E and running a few companies as an entrepreneur.
Why read Quantified Strategies?
While we don’t give any specific investment advice, we do believe we have some insights to offer. We have skin in the game and eat our own pudding. We trade many of the strategies we publish on this website (obviously not all).
Why do we run websites if we make a living trading and investing?
We make a living out of our hobby, but we also like to make money (like most people). Moreover, we also have a true passion for anything related to trading/investing. We like being in contact with traders and we become better investors by running the website. The more traders and investors we know, the better we get as both traders and human beings.
Our main motivation for this blog is to improve our understanding, knowledge, and competence. Writing is a very powerful tool, and we believe an audience makes us put in a little more effort.
We both have higher educations, but we quote Nassim Nicholas Taleb: “What I was given to study in school I have forgotten; what I decided to read on my own, I still remember”.
We regard ourselves as more “street smart” than “academic smart”. We have survived in the markets for twenty years by being adaptable and flexible, not by building theoretical and complex models. If something seems reasonable, we go for it.
We’re investment agnostics: We invest in whatever time frame there is: day trading, swing trading, or investing for decades. We don’t go into the office in the morning with a rigid framework/mindset for where, when, and how to invest. Investing is a continuous learning experience.
English is not our mother tongue, so please apologize for any grammatical mistakes.
Quantified Strategies By the Numbers
Quantified Strategies has been helping readers through our financial original studies, research, data analysis; and best-in-class educational content since 2012 when the website was founded.
Today, we have helped more than 1 million readers to gain financial insight and hopefully improve their trading.
So far, we have published plenty of articles and we are still at it:
1500+
(The number of articles on Quantified Strategies.)
Editorial Standards
Let’s shed some light on our editorial standards:
We have been (and are) full-time traders since 2001, and our mission is to simplify and help trading and investing decisions so that our readers have the confidence to make money. We aim to ensure that all of the articles on our site are helpful, practical, unbiased, and accurate.
The Quantified Strategies staff (Oddmund and Hakan) work with our network of contributors and review articles, update them, and manage all the articles you find on Quantified Strategies. We don’t make recommendations for you to buy, sell, or hold securities or investments – we are not financial advisors.
We offer independent, backtested, and unbiased articles (and videos) to provide relevant analysis, insights, and educational information about financial markets. We don’t give opinions – we give statistical and historical evidence in the form of backtests:
Statistics and facts don’t care about opinions!
To make it clear, we don’t give opinions or anecdotal evidence.
Unlike most other financial websites, we have been trading full-time (and successfully) for decades. We have hands-on experience – our hands are dirty and full of scars.
We are continually updating, evaluating, and editing articles to make sure anything is not out of date. Sometimes we even completely rewrite articles. Such articles are stamped to reflect this.
Each article has a byline that shows the name of the author, or the one who contributed to that particular piece. The byline has also a link to more information about the author. Each article is reviewed and confirmed by a second contributor/author.
Our editorial team approves all story ideas independently, but are later verified, fact-checked, and confirmed by a second contributor/author.
We don’t publish if there are any conflicts of interest.
All content is for educational purposes and is not a substitute for someone who is a licensed or certified professional. And no backtest is, of course, any guarantee that it will repeat in the future.
Fact-checking
Every article that is published is reviewed and verified by a second contributor/author.
We aim to provide high-quality content with no use of Artificial Intelligence.
Corrections
We strive to keep our brand name of Quantified Strategies in high regard. Thus, anything that is not correct or outdated will be removed or changed.
In the financial markets, there is little “evergreen” content. We date-stamp articles that are updated.
We welcome specific corrections to errors or mistakes. If you spot any errors or mistakes, don’t hesitate to contact us.
History of Quantified Strategies
2012: Domain registered.
2012-2020: Trading blog of Oddmund Groette.
2020-today: Owned by SIA Lofjord and run by Oddmund Groette and Hakan Samuelsson.
Contact Us
Whether you have a comment or suggestion to share, we look forward to hearing from you. Feel free to reach out by contacting us.
Ownership of Quantified Strategies
QuantifiedStrategies.com is a trademark of SIA Lofjord Corporation.
SIA Lofjord (Org.no: 40103900967)
Skanstes iela 29-110
LV-1013, Riga
Latvia
Disclaimer
Quantified Strategies (SIA Lofjord) is not an investment advisor. The content and information provided are educational and should not be treated as financial advisory services or investment advice. Trading and investment in securities involve substantial risk of loss and is not recommended for anyone that is not a trained trader or investor – it shall be conducted at your own risk. It is recommended that you never risk more than you are willing to lose. Leverage can lead to substantial losses. Any use of leverage, margin, or shorting is at your discretion. Quantified Strategies (SIA Lofjord) is not responsible for any losses that occur as a result of its content and information. Always use a demo account for many months before you try live trading. Trading requires hard and systematic work – there is no easy money.
Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Commissions and slippage are not included. Also, Since the trades have not been executed, the results may have under or overcompensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representations are made that any account will or is likely to achieve profit or losses similar to those shown.
Oddmund,
Do you have an e-mail? I day trade prop and would love to chat with you
Does your book on day trading come in english ?
Hi,it’s oddmund@quantifiedstrategies.com. Unfortunately, my book is only in Norwegian…..
Hi, yes close to Riga. I’m open to meet if you live nearby.
Oddmund, I just came across your website today. You have a lot of interesting posts. There is so much trash to read out there and it is rare that any blogs are backed up with testing. I can’t trade anything without personally testing a strategy. How did you come to live in Russia from Norway? Ayn Rand ran as far away as she could.
Hi, your geography is slighlty wrong there 🙂 I live in former USSR in Latvia.
hi oddmund. interesting reading about your site and your epxerience. i have found the past 8 months veyr tough to make money as well after being very profitable system trading in 08-11.. one question i want to ask you was your trading frequency per day. i agree with your concetp of many systems and we try to do this but with volume low , we either get missed trades or too high slip.. we focus almost entirely on SPY / ES analysis . how active are your day trade models?
Hi, right now I daytrade about 60 000 shares per day. Yes, slippage is very high in all stocks. Volume has fallen and it’s very hard to get fills. My average per share traded is now very low. The good thing about SPY and ES is that you can put on some sixe, which is impossible in stocks right now except for very heavy traded stocks.
I just came across your site. I use similar techniques in handicapping sports. Right now I am using tradestation as my trading platform. Do you have any of your strategies in tradestation format?
Rick
No, I don’t use Tradestation.
Hello Oddmund,
I´ve been trying to learn trading with 4 online courses since 2011 without successes.
Then I learned to ask about their records and didn´t find any proof that what they teach is profitable.
Do you know if their is any good course about trading online?
Do you teach?
How did you learn?
Thanks
Hi. noone will ever teach you how to trade. You have to learn it yourself. Think about it, if you are making money trading, why spend time teaching what you do? It does not make sense. Only way to learn is by trial and error.
Mario,
If you are serious about quantitative trading and you don’t know where to start from, try this e-book:
http://www.quantstart.com/successful-algorithmic-trading-ebook/
The quantstart.com website is great. But I guess it would take between 2 and 4 years before being able to trade.
That path would not suit you if trading is just a hobby.
Happy New Year to all!
Candide
Yes,
I don’t want to sound harsh, but trading is very difficult. Good advice from Candide. Read an learn. But in general, only by trading you learn.
Hi Otto
I’ve have only recently found your web site and found it excellent
You often refer to the H-C/H-L ratio in relation to over night trading. Do you have a view what are the odds of success associated with any particular value, whether it be 0.33, 0.5 or above. It aeems to work best when combined with low RSI
Otto?
Yes, it works better with other inputs. In general, the lower it is, the better (for longs).
Oddmund
Hi Otto
I’ve have only recently found your web site and found it excellent
You often refer to the H-C/H-L ratio in relation to over night trading. Do you have a view what are the odds of success associated with any particular value, whether it be 0.33, 0.5 or above. It aeems to work best when combined with low RSI
Hi Oddmund.
I wasn’t sure where to post this question. Do you still do prop trading and which firm do you use? I saw Nevis Trading is closed.
Hi Kevin,
Nevis is closed, yes. I used Global Market Trading in Quebec until 2018, but since then using the regular retail broker Interactive Brokers.
Does that mean you don’t do any intraday trading anymore as described in some of your earlier posts? 🙁 (You mentioned that you used IB for EOD.)
I do much less intraday than before. It’s much more difficult now than what it used to be, at least for me. I look more at overnight edges and long-term investing.
Hi Oddmund,
I really enjoy the site. I’m in the process of exploring backtesting platforms. What platform and data sources do you use for backtesting? Please forgive me if you have posted this information elsewhere. Thanks so much
Hi,
Thanks for your kind words. I really appreciate it.
I use Amibroker:
https://www.staging.quantifiedstrategies.com/thoughts-on-amibroker-review/
Regards,
O.G.
Hi,
What assumptions on frictional costs have you made in your backtests (I think of slippage and commissions)? My own experience has shown me that a backtest can go from hero to zero when accounting for these costs.
Hi,
We don’t include slippage and commissions in our tests in the articles. Commissions vary from trader to trader. Slippage goes both ways and in those strategies we trade slippgae is very low (we trade very high volume contracts).
Hi,
So I understand that both your free and premium strategies do not account for these frictional costs, right ?
Do you happen to have favorable slippage in live trading your strategies ?
Yes, that’s correct – not included.
Slippage goes both ways. For example, when I trade SPY my slippage is close to zero. But when I trade stocks, slippage is a cost. It all depends what you are trading.