This week’s Wall Street Transcript Interview is with Covestor member Jeff Boarman, aka woodshedder. Jeff is based in Virgina and is author of the popular stock blog on ibankcoin.com, Technical analysis with Woodshedder.
Jeff is largely a swing trader based on technical indicators. The system he publishes on Covestor is ETF based. Jeff recently stopped trading discretionary strategies and started trading almost entirely mechanically. It is an approach which has kept him fairly exclusively short or in cash, giving him an exceptional 108% return since his inception on Covestor six months ago.
In his interview Jeff explains his trading system and how he has maintained such solid returns during the recent market conditions. He shares some of the rigor he applies to risk management in back testing his decisions, as well as the benefit he has gained in moving from percentage-based to volatility based-stops.
Jeff is currently ranked eighth on the site by annualized Sharpe ratio. His interview makes for great reading, particularly for anyone looking to develop a disciplined way to deliver consistent returns. You can find his interview on the top right hand side of his fact sheet