An Interview with Valeriano Lisanti, Program Manager at Centurion FX
Centurion FX is a Managed Forex Account based in Italy. We interview the manager here.
The Review How did you begin your trading career?
Lisanti I started trading index stock futures in semi-discretionary mode 12 years ago, moving to currency futures and systematic model after about 2 trading years.
I recognized, after being discretionary trader, that systematic trading is the only right way to be profictable in this kind of volatile business. Actually CenturionFx use only full systematic trading model on Forex spot.
The Review Prior to trading did you receive formal education in a field which prepared you for trading?
Lisanti I attended some seminars in Europe and Usa as well, but 99% of my expertise is by trading day by day.
The Review How do you see the current economic crisis playing out, in terms of currency values, specifically the majors?
Lisanti Well, I’m not so worried about the liquidity of majors. The first point to consider in a systematic trading model is that one should only trade in markets which offer liquidity and effective pricing.
The Review Do you use algorithmic trading?
Lisanti Our trading is proprietary algorithmic trading.
The Review Did you develop the system, or have a part in the development?
Lisanti I developed the system over time, together my programmers.
The Review Do you think it’s possible to rely 100% on an algorithmic solution for trading over the long term?
Lisanti Absolutely yes. But I don’t believe at all that algorithmic trading works over the long term in high frequency trading. Our approach is very selective.
The Review When did you first begin trading the managed account(s) we feature on our site?
Lisanti We began trading live accounts in 2006, January.
The Review Which broker(s) do you prefer?
Lisanti We work with many counterparties in Europe and with Deutche Bank.
The Review In your listed programs, what is the maximum exposure on an account? (e.g. 5%, 10% etc.)
Lisanti Well, in product B ( only for retail) we use an average leverage of 6:1. With Deutche Bank we’re more conservative, with a 2:1 leverage.
The Review Thank you for your time.
Lisanti You’re quite welcome. Any time!