Mean-Reversion Equity Trader (Remote, Funded) — Los Angeles, CA

A mean-reversion equity trader at Maverick takes positions against short-term extremes in US equities — buying oversold conditions, selling overbought conditions, and holding for a return to a defined statistical mean. The strategy is most profitable in range-bound markets and gets punished in strong trends, which means a mean-reversion trader has to be honest about the market regime and willing to size down (or stand aside) when conditions don't favor the approach.

Los Angeles, CA: Los Angeles is the second-largest financial center in the country by a number of measures — Capital Group, TCW, PIMCO, Oaktree, and dozens of independent funds are headquartered in the LA/Pasadena/Newport Beach corridor. Pacific Time means the market opens before most of LA wakes up; the trade-off is a clean afternoon free by 1pm. Many of our West Coast traders prefer this rhythm explicitly.

What you'll trade: US equities and ETFs with sufficient liquidity, focusing on names where statistical mean-reversion has historical evidence. Most positions are short-term (3–10 trading days). Some variants of the strategy use options structures to define risk and benefit from IV mean reversion alongside price mean reversion.

Risk framework: Mean reversion's worst losses come during regime changes — when a market shifts from range-bound to trending and the oversold names keep getting more oversold. Maverick traders cap exposure during such regimes and pay attention to broad-market trend indicators as a context filter, not just individual signals.

Why Maverick funds this role: Mean reversion is one of the most studied and best-documented short‑term equity strategies. Maverick funds it because the strategy is rule‑based, scalable across names, and produces a P&L pattern that diversifies from momentum and trend‑following.

• Traders who can stand aside during trending markets without forcing trades
• People who think in expectancy and sample size, not single trades
• Candidates with experience cutting losers fast — mean reversion loses worst when you average in
• Traders who understand that win rate alone is meaningless without the loss size to balance it