Tushar S. Chande is a familiar name to regular Stocks & Commodities readers, as he's contributed any number of solid, well-researched and thoughtful technical articles over the years and has been a Contributing Editor for the past few. His background, like so many others, wasn't financial when he started out; he started out as an engineer before being bit by the trading bug before eventually ending up as a Commodity Trading Advisor in Chicago. Having evolved into a money manager, Chande has keen insight into trading system development. To conduct this interview, S&C Editor Thom Hartle and Chande exchanged a series of questions and answers via E-mail in late July 1997. What follows is the result. By Thom Hartle
Tell us something about your
Iíve traveled the scenic
route to where I am today,
from application-driven research & development
at General Electric in
Schenectady, NY, to working in the
shadow of the Chicago Board of Trade.
In Chicago, I joined forces with two
partners of a highly successful options
trading firm to create Tuscarora Capital
Management, a Commodity Trading
With stops in Ohio and Pennsylvania
along the way, right?
Thatís right. When I was busy obtaining
nine patents for laser-fiber transmission,
I never imagined my quantitative
background would find fertile soil
in commodity trading. Along the way, I
became a quant in financial engineering,
acquired a masterís in business
administration, wrote two books, de-veloped
a software package and learned
to trade. I also had the good fortune to
work with Stanley Kroll, a master featured
in John Trainís Money Masters.
Itís been an enjoyable journey through a
panorama of price charts and test results.