Shows
Top Traders UnpluggedSI359: Trend Following in a World That Loves Bubbles ft. Mark RzepczynskiMark Rzepczynski joins Niels Kaastrup-Larsen for a conversation shaped by tension between surface calm and deeper dislocation. From copper’s sudden collapse to signs of stress in liquidity and leverage, they explore how market behavior is increasingly defined by fragility, not fundamentals. With Fed policy boxed in, equity optimism rising, and stablecoins quietly redrawing the contours of the monetary system, the challenge for investors isn’t prediction - it’s positioning. They also confront the limits of complexity in models and why, in uncertain regimes, the discipline of doing less may offer the most resilience. This is trend following in con...2025-08-021h 08
Top Traders UnpluggedSI358: Why the Best Trend Models Might Be the Simplest Ones ft. Tom Wrobel & Andrew BeerAndrew Beer and Tom Wroble return to join Niels Kaastrup-Larsen for a timely examination of how trend following is adapting, and why some say it may be losing its edge. Tom unpacks new research showing a quiet drift toward slower models, raising the question of whether CTAs are evolving or converging. Andrew pushes back on the prevailing wisdom around diversification, suggesting that complexity often obscures cost rather than delivering true value. From shifting model speeds to the incentives shaping manager behavior, this is a conversation about what trend following is becoming... and what investors risk overlooking as some strategies...2025-07-261h 13
Top Traders UnpluggedSI357: Liquidity, Leverage, and the Lie of Calm ft. Cem KarsanAs summer sets in, Cem Karsan joins Niels Kaastrup-Larsen to trace the contours of a market that feels calm but isn’t. What looks like low vol masks a crowded hedge fund ecosystem and a structural vol compression regime few understand. From a VIX spike driven by unexpected Call activity to the slow-motion political pressure on Powell, the signals are subtle but mounting. They cover China’s resource diplomacy, AI’s quiet dislocation of white-collar work, and the rising fragility from concentration across assets, brokers, and narratives. This is a conversation about setup, not outcome... and the traps hiding in pla...2025-07-191h 29
Top Traders UnpluggedSI354: Everyone’s Different. Until They’re Not ft. Rob CarverWith markets drifting and conviction thinning, Rob Carver joins Niels to take stock of a moment that feels suspended... not quite crisis, not quite calm. They discuss why recent rule changes around bank capital and crypto assets may carry more weight than headlines suggest, and what falling shipping volumes might be whispering about global demand. Rob breaks down the math of drawdowns, the tension between Kelly sizing and real-world volatility, and how systematic managers can fool themselves into thinking they’re diversified. It’s a conversation about structure, discipline, and why most edges today come from avoiding mistakes rather than...2025-06-281h 13
Top Traders UnpluggedGM84: What Everyone Saw, but No One Priced ft. Bob ElliottBob Elliott joins Cem Karsan and Niels Kaastrup-Larsen for a conversation about what happens when strong economic data masks a deeper structural shift. The income engine still runs, but tariffs, labor scarcity, and immigration limits are quietly rewiring the system. Inflation may not fall the way people expect. Profit margins may not hold. And capital may start flowing away from the US for the first time in a generation. This isn’t a cycle call. It’s a question of what kind of economy we are becoming—and whether portfolios built for the past can survive what’s coming....2025-06-251h 15
Top Traders UnpluggedSI353: You Don’t Buy It for Returns. You Buy It Because It Works! ft. Yoav GitSome of the most effective portfolio components may generate little or no return on their own. In this episode, Niels Kaastrup-Larsen and Yoav Git explore that discomfort - why allocators often overlook strategies that offer the most structural value. Through a series of new research papers, they examine how negative correlation, volatility, and capital efficiency can outweigh standalone performance, and why trend following continues to challenge conventional assumptions. It’s a conversation about construction over conviction, contribution over headline returns, and the gap between what improves a portfolio and what investors are willing to own.-----...2025-06-211h 08
Top Traders UnpluggedSI350: Why All Roads Lead to Higher Yields ft. Alan DunneWhy are markets still priced as if the old world is coming back? Alan Dunne and Niels Kaastrup-Larsen examine the case for structurally higher yields — not as a risk, but as the regime. Drawing from Alan’s recent writing, they trace how debt levels, policy incentives, and investor complacency have converged into a feedback loop that central banks may no longer control. From Japan’s bond signals to the quiet retreat of fiscal discipline in the U.S., this episode maps a shift that’s already underway. For investors still relying on yesterday’s models, the risk isn’t missing the...2025-05-311h 04
Top Traders UnpluggedGM81: What If Everything You Believe About Markets Is Wrong? ft. Demetri KofinasWhat if the biggest risk in markets today isn’t volatility, inflation, or geopolitics - but the stories we believe to be true? In this unfiltered and thought-provoking episode, Demetri Kofinas joins Cem Karsan and Niels Kaastrup-Larsen for a piercing conversation that challenges how we process information, construct narratives, and make decisions in uncertain environments. This isn’t about market forecasts - it’s about how easily our thinking can be hijacked. From the corrosive incentives of financial media to the quiet ways conviction becomes cognitive quicksand, Demetri argues that investors today are drowning not in data, but distortion - misl...2025-05-071h 03
Top Traders UnpluggedSI317: From Hurricanes to Hedge Strategies: The Hidden Common Factors ft. Richard BrennanThis episode dives deep into the intricacies of trend following strategies and their connection to complex adaptive systems. Richard Brennan and Niels Kaastrup-Larsen explore how these systems respond to market signals and the importance of boundaries in shaping investor behavior. They discuss the challenges faced by trend followers in the current market environment, particularly in October, where many strategies have encountered difficulties. The conversation touches on significant topics such as risk management, diversification, and the role of outliers in financial markets, emphasizing that these seemingly anomalous events are actually a natural part of the market's fabric. With insights drawn...2024-10-121h 08
Top Traders UnpluggedGM22: Investing through a Fourth Turning ft. Niels Kaastrup-Larsen & Cem KarsanToday, Cem Karsan and I reflect on previous conversations with guests on the Global Macro series and how they have developed us as investors. We also discuss the historical framework of the Fed and their role and power in the economy, how 40 years of monetary policy and technological revolution have caused historic inequality and how recessions have been handled throughout history. Additionally, we address the consequences of ultra low interest rates and high inflation and why we might see a loss of credibility in the Fed going forward, the importance of finding an edge in your investment strategy. Lastly, w...2022-08-241h 15
Top Traders UnpluggedGM18: Boomers, Tax & Deflation ft. Alfonso Peccatiello & Andreas Steno LarsenIn today’s episode, the dynamic duo Alfonso Peccatiello, aka MacroAlf and Andreas Steno Larsen, join us to discuss all things Macro...from Central Banks and the reasons for the rising inflation, populism and how monetary policy has created inequality. We also get around demographics and how the shrinking labour force poses a threat to the economy, ESG and the impact it has on inflation, how a generational shift in politics can cause a taxation of the boomers, the 4th Turning and key mistakes to avoid as an investor and much more.-----50 YEARS OF TR...2022-06-081h 11
Top Traders UnpluggedSI187: Why Commodities & Why Now ft. Tim PickeringIn this week’s episode, Tim Pickering, Founder of Auspice Capital, joins me to discuss why commodities play such an important role in a portfolio, how to create a strategy that adapts to different volatility regimes, why he created The Auspice Broad Commodity Index, the role and importance of ESG in commodities trading, how commodity futures can be used as a risk mitigation tool, why Ukraine is so important for commodities, how to effectively protect yourself against inflation and much more-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HE...2022-04-101h 09
Top Traders UnpluggedSI181: The Power of Trend Following ft. Richard BrennanRichard Brennan joins us today to discuss the power of Trend Following during periods of heightened uncertainty, Trend Following applied to the ESG space, how endogenous price shocks cause longer-term trends, the new Top Traders Monthly Trend Following report, shorter-term Trend Following versus longer-term, and how ‘buy the dip’ investors are likely unprepared for sustained underperformance in stocks.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn this episode, we discuss:Why now might be the best time to be invested in Trend Following strategiesHow syst...2022-02-271h 23
Top Traders UnpluggedSI169: Buying the Dip ft. Richard BrennanRichard Brennan returns today to discuss the misconception of volatility as risk, thoughts on the various measures of risk, drawdowns as an opportunity ‘buy the dip’ in Trend Following strategies, how Richard thinks about risk, the relationship between volatility and risk, and the differences between convergent and divergent traders.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn this episode, we discuss:Why volatility might not always mean that a model is riskyThe best way to measure true riskHow to 'buy the dip'What Richard thinks abou...2021-12-051h 10
Top Traders UnpluggedSI165: Responsible Investing as a Trend Follower ft. Rob CarverRob Carver joins us today to discuss the perception of cryptocurrencies since the new Bitcoin futures ETF was launched, scaling into and out of positions, the possibility of a synthetic Bitcoin supply resulting from the new futures ETF, how to approach climate change and ESG investing as a Trend Follower, ideas for selecting which markets to trade, the benefits and drawbacks of trading single stocks, and how to embrace a creative mindset.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn this episode, we discuss:...2021-11-071h 25
Top Traders UnpluggedSI162: Discussing The New Bitcoin Futures ETF ft. Moritz SeibertWe’re joined today by Moritz Seibert to answer some of the hardest questions in the Turtle Trader entrance exam, as well as discuss the new Bitcoin futures ETF, the drive towards ESG investments and how this affects global supply chains, the years’ top performers so far in our Trend Following systems, whether we can predict if a winning streak is about to end, why Bitcoin is often compared to gold, and whether crypto assets are more suited to shorter-term strategies.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE...2021-10-181h 18
Top Traders Unplugged149 Systematic Investor Series ft Mark Rzepczynski – July 18th, 2021Mark Rzepczynski joins us this week to discuss ‘algorithm aversion’ and the science of how ‘model anxiety’ shows investors to be naturally wary of rules-based systems. We also discuss how to evaluate momentum data, how a busy week for market news can still be a quiet week for Trend Followers, the benefits of moving away from ‘peak complexity’ as soon as possible, why having too many filters can expose a trader to large opportunity costs, the optimal percentage amount of risk per trade, as well as portfolio construction versus signal generation and which is more important.
You can find Mark’s latest writin...2021-07-181h 08
Top Traders UnpluggedSI149: Model Anxiety & Algorithm Aversion ft. Mark RzepczynskiMark Rzepczynski joins us this week to discuss ‘algorithm aversion’ and the science of how ‘model anxiety’ shows investors to be naturally wary of rules-based systems. We also discuss how to evaluate momentum data, how a busy week for market news can still be a quiet week for Trend Followers, the benefits of moving away from ‘peak complexity’ as soon as possible, why having too many filters can expose a trader to large opportunity costs, the optimal percentage amount of risk per trade, as well as portfolio construction versus signal generation and which is more important.-----50 YEARS...2021-07-181h 08Top Traders Unplugged148 Systematic Investor Series ft Jerry Parker – July 11th, 2021Jerry Parker returns today to discuss why margin perhaps isn’t as important as people perceive it to be, the resurgence of ‘classical’ Trend Following, the importance of having a low Sharpe ratio, an update on Jerry’s Bitcoin positioning, the drawbacks of trading a single, longer-term timeframe, how European CTAs successfully compete with American CTAs, the best methods for measuring open risk, and why capturing the fewer large trends may be more important than the many small trends.
If you would like to leave us a voicemail to play on the show, you can do so here.
Check out our Glob...2021-07-111h 08
Top Traders UnpluggedSI148: The Importance of Capturing A Few Large Trends ft. Jerry ParkerJerry Parker returns today to discuss why margin perhaps isn’t as important as people perceive it to be, the resurgence of ‘classical’ Trend Following, the importance of having a low Sharpe ratio, an update on Jerry’s Bitcoin positioning, the drawbacks of trading a single, longer-term timeframe, how European CTAs successfully compete with American CTAs, the best methods for measuring open risk, and why capturing the fewer large trends may be more important than the many small trends.Also check out my interview with Turtle Trading legendary mentor Richard Dennis here.-----50 YEARS OF...2021-07-111h 08
Top Traders UnpluggedSI147: The Perfect Exit Strategy ft. Moritz SeibertMoritz Seibert joins us today discuss the benefits of stripping down your trading approach as much as possible, the various ways to exit a hugely profitable trade, the different forms of research related to your investing approach, simplification vs over-complication, the acceptable amount of margin per trade, spread-betting using a Trend Following strategy, and if you should trade all markets the same way or tailor to each market accordingly.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn this episode, we discuss:The benefits of...2021-07-041h 04Top Traders Unplugged147 Systematic Investor Series ft Moritz Seibert – July 4th, 2021Moritz Seibert joins us today discuss the benefits of stripping down your trading approach as much as possible, the various ways to exit a hugely profitable trade, the different forms of research related to your investing approach, simplification vs over-complication, the acceptable amount of margin per trade, spread-betting using a Trend Following strategy, and if you should trade all markets the same way or tailor to each market accordingly.
You can find some of Moritz’s work here, and over at Real Vision.
If you would like to leave us a voicemail to play on the show, you can do so...2021-07-041h 04Top Traders Unplugged145 Systematic Investor Series ft Mark Rzepczynski – June 20th, 2021Mark Rzepczynski returns this week to discuss the recent decline in commodity prices, perceived hawkish comments from the Federal Reserve, trading narratives versus trading price action, the feasibility of Trend Following on options, the increased time & labour of short-term trading, the benefits of huge sample sizes, the differences between trading single stocks versus index futures, how investing rules offset our natural human tendencies, whether Technical Analysis contributes to typical Trend Following strategies, and Mark explains the ‘3 D’s’ of inflation.
You can find Mark’s latest writings here.
If you would like to leave us a voicemail to play on the show...2021-06-201h 18
Top Traders UnpluggedSI145: The 3 D's of Inflation ft. Mark RzepczynskiMark Rzepczynski returns this week to discuss the recent decline in commodity prices, perceived hawkish comments from the Federal Reserve, trading narratives versus trading price action, the feasibility of Trend Following on options, the increased time & labour of short-term trading, the benefits of huge sample sizes, the differences between trading single stocks versus index futures, how investing rules offset our natural human tendencies, whether Technical Analysis contributes to typical Trend Following strategies, and Mark explains the ‘3 D’s’ of inflation.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREI...2021-06-201h 18
Top Traders UnpluggedSI144: Why Single Stocks Should Matter to CTAs ft. Jerry ParkerJerry Parker joins us on the show today to discuss why CTAs could be mistaken in excluding single stocks from their strategies, the possible benefits of having exposure to multiple trading systems, why price action is more important than predictions derived from fundamentals, recommended books for learning about Trend Following, the differences between paper-trading and disciplined execution of real trades, comparing Bitcoin futures to commodity futures, and the extent of simplicity a good trading system should have.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----2021-06-131h 21Top Traders Unplugged144 Systematic Investor Series ft Jerry Parker – June 13th, 2021Jerry Parker joins us on the show today to discuss why CTAs could be mistaken in excluding single stocks from their strategies, the possible benefits of having exposure to multiple trading systems, why price action is more important than predictions derived from fundamentals, recommended books for learning about Trend Following, the differences between paper-trading and disciplined execution of real trades, comparing Bitcoin futures to commodity futures, and the extent of simplicity a good trading system should have.
If you would like to leave us a voicemail to play on the show, you can do so here.
Check out our Global...2021-06-131h 21Top Traders Unplugged143 Systematic Investor Series ft Eric Crittenden – June 7th, 2021Special guest Eric Crittenden returns to the show today to discuss the fallacies of the typical 60/40 portfolio, the Federal Reserve’s recent decision to begin tightening fiscal policy, Eric’s last appearance on the show which was at the March 2020 stock market bottom, different speeds of Trend Following, why stable returns doesn’t always equate to low risk, the difficulty in being comfortable with doing the opposite of what we’re wired to do, how managed futures can help investor’s portfolios, negative interest rates and flight out of fixed income, what could Trend Following bring to the crypto space, and changi...2021-06-071h 26Top Traders Unplugged142 Systematic Investor Series ft Rob Carver – May 30th, 2021Rob Carver is on the show with us today to discuss why Elon Musk & the Chinese government might be proving that Bitcoin may not be as decentralised as first assumed, whether you should adjust your system according to the instrument being traded, some processes for reinvesting profits into your portfolio over time, thoughts on position sizing, different ways of defending against inflation, if short-term Trend Following may actually be as good as long-term Trend Following, and the sweet spot for number of different futures contracts a good system should trade.
If you would like to leave us a voicemail to...2021-05-301h 29Top Traders Unplugged141 Systematic Investor Series ft Mark Rzepczynski – May 23rd, 2021Mark Rzepczynski joins us today to discuss China’s move to ban Bitcoin trading, the Federal Reserve’s announcement of research into a new central bank digital currency, some of the issues around inflation and how it might affect trading, the psychology of drawdowns and the time in between new highs, how inflation can distort price signals, the recent rise of the ‘Misery Index’, Michael Burry’s huge bet against Tesla, the importance of exits in Trend Following strategies, and matching the right ‘Operation Tempo’ for your trading personality.
You can find Mark’s latest writings here.
If you would like to leave us...2021-05-231h 15Top Traders Unplugged140 Systematic Investor Series ft Jerry Parker – May 16th, 2021Jerry Parker joins us today to discuss the benefits of prioritising price over other factors, navigating a high-inflationary environment, how bad markets for average investors can often be great for Trend Followers, how public awareness of a market uptrend can often precede large price drops, the potential drawbacks of trying to standout too much as a money-manager, how classical Trend Following is an increasing rarity in the CTA space, the benefits of investing in Trend Following via a proven manager, the similarities between amateur golfers and traders, the point at which a trend has been ‘confirmed’, and conquering the fear of l...2021-05-161h 11Top Traders Unplugged139 Systematic Investor Series ft Moritz Seibert – May 9th, 2021Moritz Seibert returns to the show today to discuss the Berkshire Hathaway annual general meeting, the possible raise in interest rates by the Federal Reserve, today’s great environment for Trend Following, the unpredictable nature of the markets and future trends, decentralised finance, increasing ESG requirements in the investment industry, the meteoric rise of Lumber prices, new and smaller Bitcoin futures contracts being listed on the CME, thoughts on Ethereum and Ethereum futures, and the possible advantages of being in a Trend Follower in the cryptocurrency space versus the buy & hold speculators.
If you would like to leave us a vo...2021-05-091h 04Top Traders Unplugged138 Systematic Investor Series ft Rob Carver – May 3rd, 2021We’re joined today by Rob Carver to discuss the process of selecting single stocks for a Trend Following system, Rob’s holy trinity of security selection, the JP Morgan-backed fund making huge bets, via options, on the market remaining quiet, the knock-on effects from funds who make large, risky bets, the sweet-spot for average holding periods in a Trend Following system, ‘caveman-style’ Trend Following versus scaling in and out of positions, how to hedge against inflation, how Trend Following historically has performed really well in rising interest-rate environments, and thoughts on Tesla’s recent earnings, a lot of which were from g...2021-05-031h 13Top Traders Unplugged137 Systematic Investor Series ft Mark Rzepczynski – April 25th, 2021Today, Mark Rzepczynski returns to the show to discuss how Trend Following allows investors to own more risky assets, Systematic Global Macro versus Trend Following, the process of how an investor digests new information, classical Trend Following versus modern Trend Following with AI methods, whether rock-star hedge funds such as ARK Invest can end up being too greedy when seeking AUM, why it can be a good idea to avoid timing the different exposures of your portfolio as much as possible, some of the possible reasons behind Dunn Capital’s successful near 50-year track record, and thoughts on position-sizing in re...2021-04-251h 21Top Traders Unplugged136 Systematic Investor Series ft Jerry Parker – April 18th, 2021Jerry Parker returns to the show today to discuss the how investments can often turn into religions, the recent Coinbase IPO, using historical volatility for position sizing, comparing long-term trend following to Buy & Hold, ‘trend strength’ signals, how much of a portfolio should be allocated to Trend Following strategies, mean-reversion systems versus Trend Following systems, and thoughts on finding or adding to new positions.
If you would like to leave us a voicemail to play on the show, you can do so here.
Check out our Global Macro series here.
Learn more about the Trend Barometer here.
IT's TRUE 👀 - most CI...2021-04-181h 11Top Traders Unplugged135 Systematic Investor Series ft Moritz Seibert – April 11th, 2021Moritz Seibert joins us today to discuss the little-known hedge fund Archegos, who recently blew up and cost billions of dollars for large institutions such as Credit Suisse and Nomura. We also discuss whether cracks are beginning to show in the stock market, the bull market in commodities, opportunities for investing in Chinese commodity markets, the risks of trading in emerging markets, how to trade cryptocurrency futures, and combining Trend Following strategies with none-correlated strategies in the same system.
If you would like to leave us a voicemail to play on the show, you can do so here.
Check out...2021-04-111h 17
Top Traders UnpluggedSI134: Sticking with Short Positions ft. Jerry ParkerJerry Parker is back on the show with us today to discuss why short positions are beneficial to a profitable trading strategy, the importance of not over-tweaking an already good system, the case for Trend Following as the dominant strategy in an investment portfolio, the amount of volatility that can be regarded as too risky, and Jerry calls out Niels for a future debate regarding the possible uses of multi-timeframe analysis.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn this episode, we discuss:The...2021-04-041h 05Top Traders Unplugged134 Systematic Investor Series ft Jerry Parker – April 4th, 2021Jerry Parker is on the show with us today to discuss why short positions are beneficial to a profitable trading strategy, the importance of not over-tweaking an already good system, the case for Trend Following as the dominant strategy in an investment portfolio, the amount of volatility that can be regarded as too risky, and Jerry calls out Niels for a future debate regarding the possible uses of multi-timeframe analysis.
If you would like to leave us a voicemail to play on the show, you can do so here.
Check out our Global Macro series here.
Learn more about the...2021-04-041h 05
Top Traders Unplugged with Niels Kaastrup-Larsen134 Systematic Investor Series ft Jerry Parker – April 4th, 2021Jerry Parker is on the show with us today to discuss why short positions are beneficial to a profitable trading strategy, the importance of not over-tweaking an already good system, the case for Trend Following as the dominant strategy in an investment portfolio, the amount of volatility that can be regarded as too risky, and Jerry calls out Niels for a future debate regarding the possible uses of multi-timeframe analysis. If you would like to leave us a voicemail to play on the show, you can do so here. Check out our Global Macro series...2021-04-041h 05Top Traders Unplugged133 Systematic Investor Series ft Rob Carver – March 29th, 2021Rob Carver joins us today to discuss whether it’s a good idea to adjust your strategy during different periods of volatility, Bitcoin’s expected role as an inflation-hedge, whether commodities are more suited to shorter-term trading than other markets, the NFT frenzy & its credibility as an investment asset, volume analysis and whether it can be play worthwhile part in a Trend Following system, and why volatility may not be a good measure of risk.
If you would like to leave us a voicemail to play on the show, you can do so here.
Check out our Global Macro series here...2021-03-291h 21Top Traders Unplugged132 Systematic Investor Series ft Mark Rzepczynski – March 21st, 2021Mark Rzepczynski joins us today to discuss Jerome Powell’s recent speech and how central banks can often confuse markets, the potential of Artificial Intelligence in systematic investing, whether or not holding government bonds is a good idea, the recent rise in interest rates and what it means for the stock market, the relationship between correlations and volatility, why policy makers should avoid trying to engineer future expectations, how recency-bias affects our decision making, complexity versus complicatedness, robotic systematic investing versus human discretionary investing, how to tell the difference between a systematic and discretionary trader by looking at returns only, and...2021-03-211h 28Top Traders Unplugged131 Systematic Investor Series ft Moritz Seibert – March 14th, 2021Moritz Seibert returns to the show today to discuss the challenges of managing large amounts of cash in a high-inflationary environment, the importance of maintaining a healthy attitude during long winning-streaks, the resurgence & resilience of the GameStop short-squeeze, Bitcoin reaching $60,000, the importance of prioritising process over outcome, the new VIX ETFs for Bitcoin & Ethereum, and whether or not Gold is a safe long-term investment.
If you would like to leave us a voicemail to play on the show, you can do so here.
Check out our Global Macro series here.
Learn more about the Trend Barometer here.
IT's TRUE 👀 - mos...2021-03-141h 09Top Traders Unplugged130 Systematic Investor Series ft Jerry Parker & Rob Carver – March 7th, 2021We have a special episode for you today featuring Turtle Trading legend Jerry Parker and renown Systematic Investor Robert Carver, who debate the topic of Volatility Targeting and how actively one should manage open trade equity risk. We also discuss the benefits of ‘Hybrid Trend Following’ versus classical Trend Following, breakouts & moving averages versus other trend indicators, whether the 2020 market crash should have caused systematic investors to update their strategies, and if short positions should still have a place in today’s Trend Following portfolios.
Check out the episode that sparked today’s debate here!
If you would like to leave us...2021-03-071h 23
Top Traders UnpluggedSI129: Correlation & Volatility…and is holding bonds “Stupid”? ft. Mark RzepczynskiWe’re joined today by Mark Rzepczynski to discuss the return of the GameStop short-squeeze, Trend Following in a high interest-rate environment, the future of AI & machine learning in trading models, the case for including short positions in a portfolio, how to spot a commodity ‘super-cycle’, the different factors driving markets higher, why good news can often be bad news for markets, retail investors opening trades on the wrong ticker symbols, and why Trend Following tends to do better on the long-side.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK...2021-02-281h 16
Top Traders UnpluggedSI128: Investing during Inflationary or Deflationary periods ft. Jerry ParkerJerry Parker returns today to discuss how Trend Following is perfectly suited for both inflationary and deflationary environments, why investors tend to underperform the S&P500 index, how to look at open trade risk & current equity curve, the perils of designing the ‘perfect’ trading system with all the bells & whistles, whether or not it’s a good idea to tighten stop-losses on profitable trades that have risen sharply, why financial media tends to dramatise the impact CTAs have on the markets, and why Trend Following on Bitcoin may be a better option than buy & hold.Also check out my...2021-02-221h 18
Top Traders UnpluggedSI127: Bitcoin's rise to $50,000 & new Ethereum futures ft. Moritz SeibertToday, we discuss Bitcoin’s rise to $50,000 and how to judge its future role in society, Moritz’s incredible start to the year without changing any part of his trading system, CME’s introduction of Ethereum futures, The Big Short’s Michael Burry calling a top in Tesla, India’s proposed Bitcoin ban, and how a fascinating study, using over 1 million investment combinations, showed that a 30% allocation to Trend Following increased risk-adjusted-returns on every single occasion.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----...2021-02-151h 04
Top Traders Unplugged with Niels Kaastrup-Larsen126 Systematic Investor Series ft Rob Carver – February 7th, 2021Rob Carver returns to the show today to give us his thoughts on the WallStreetBets Reddit forum & their Gamestop short-squeeze, the gamification of trading, why Robinhood had to suspend trading on Gamestop, the attempted short-squeeze in the Silver market, Rob’s recent article on how to become a systematic trader, Niels’ journey into the CTA industry, the importance of diversifying amongst investment processes as well as securities, the rise of passive investing over active, and whether the ascendency of passive investing will lead to extreme levels of market volatility in the future. If you would like to leav...2021-02-071h 38
Top Traders UnpluggedSI126: GameStop & How to become a Systematic Investor ft. Rob CarverRob Carver returns to the show today to give us his thoughts on the WallStreetBets Reddit forum & their Gamestop short-squeeze, the gamification of trading, why Robinhood had to suspend trading on Gamestop, the attempted short-squeeze in the Silver market, Rob’s recent article on how to become a systematic trader, Niels’ journey into the CTA industry, the importance of diversifying amongst investment processes as well as securities, the rise of passive investing over active, and whether the ascendency of passive investing will lead to extreme levels of market volatility in the future.-----50 YEARS OF TREN...2021-02-071h 38
Top Traders UnpluggedSI125: Will the FED always prevent prolonged market crashes ft. Mark RzepczynskiMark Rzepczynski joins us today to discuss the Gamestop short-squeeze, democratisation of the investment industry, the increasing expectation among investors that the Federal Reserve will always prevent prolonged market crashes, the 3 main ingredients for a market bubble, whether we are seeing a bubble in the stock market today, the role of short sellers and short selling, whether the WallStreetBets Reddit forum will prompt newer and tighter regulations in the future, the shift towards passive investing over active investing, what we can learn from crowd behaviour, building trading systems without stop-losses, and rare insights into the John W. Henry trading...2021-01-311h 19
Top Traders UnpluggedSI124: Why smart people often struggle with systematic investing ft. Jerry ParkerTurtle Trading legend Jerry Parker joins us today to discuss why smart people often struggle with systematic investing, the benefits of non-predictive investment strategies, what changes Jerry would make to Richard Dennis and William Eckhart’s original Turtle Trading rules, why predefined trade exits are good for your mind-state, why Trend Following strategies are so suited to unexpected market events, the importance of sticking to the core principles when applying a Trend Following system, whether Trend Following traders should have learned anything from the markets in 2020, why you should take as little as possible from a backtest, and what ha...2021-01-241h 01
Top Traders UnpluggedSI123: The benefits of NOT taking profits too early ft. Moritz SeibertIn today’s show, we discuss the benefits of not taking profits too early during huge price moves, how a Trend Follower might be trading Bitcoin, if March 2020 may have impacted a Trend Follower’s approach to the markets, why the S&P 500 could be considered just as much of an ‘alternative’ market as Iron Ore, our most memorable trades, Bitcoin as a great diversifier in a Trend Following portfolio, and how a retail trader can gain access to managed futures. Questions we answer this week include: What prompted Moritz to place his Tesla short trade recently, and how did it pl...2021-01-181h 24
Top Traders UnpluggedSI122: Quant vs Discretionary Investing ft. Robert CarverWe’re joined today by Rob Carver to discuss how quant managers compared to discretionary managers in 2020, Winton Capital’s underperformance and resulting loss of AUM, the pressure for successful Trend Following firms to expand into different investment styles, why March & December 2020 were generally the best for Trend Followers despite being so different, how a portfolio combining a few historically successful Trend Following firms has proven to be a very potent investment strategy, navigating negative interest rate environments, how to look at Sharpe Ratios effectively, and how to calculate the ‘Serenity Ratio’ of various strategies.-----50 YEA...2021-01-101h 21
Top Traders UnpluggedSI120: Deep dive into my own Trend Following ModelIn today’s special episode, I go deep into how to design a robust and profitable Trend Following program. I also cover topics such as why having an opinion on any of your trading positions can be a bad idea, how Trend Following returns can vary massively with just a slight shift in portfolio weightings, the benefits of having a unique approach to the markets, and why longer-term trading may be more profitable than short-term trading.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----2021-01-0237 min
Top Traders UnpluggedSI119: Trading TESLA & Commodity Breakout ft. Jerry & MoritzToday we welcome back Jerry Parker and Moritz Seibert onto the show to discuss the possible long-term breakout of commodity prices, trading Tesla around its inclusion into the S&P 500 index, carrying out non-system trades, Bitcoin reaching new all-time highs, the importance of staying in some of these long-awaited trends, relying on your backtest regardless of the circumstances, why long-only buy & hold funds might not deserve many plaudits this year, the perfect time to make adjustments to your system, and why it can be a good idea to avoid being too skeptical in the markets.-----2020-12-211h 22
Top Traders UnpluggedSI118: 2020 Trend Following Recap & safe-havens in 2021 ft. Mark & MoritzSpecial guest Mark Rzepczynski returns to the show today to discuss how Trend Following strategies performed during this very unusual year, the likeliest safe-haven assets of 2021, whether or not 2020 should be a year that brings about new adjustments to your trading systems, how being nimble can increase robustness, Trend Following as a ‘store of value’, whether the context of financial & world news should be important to systematic trading, the disconnect between financial assets & the real-world economy, and we also attempt to explain the returns dispersion found among similar strategies this year.-----50 YEARS OF TREND FOLL...2020-12-131h 13
Top Traders UnpluggedSI117: Why Stocks and Trend Following is a Perfect Match ft. Moritz SeibertToday, we discuss why a random calendar year is not a good measure of performance, recent increased volatility in alternative markets, how to define an ‘alternative’ market, the strong case for a mixed portfolio of stocks & Trend Following strategies, how to perform the easy-money Bitcoin trade, the benefits of using and investing in Bitcoin, trading the Chinese futures markets, and why a Trend Following system would have entered you into a Tesla position without the need for any predictions.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE...2020-12-061h 12
Top Traders UnpluggedSI116: How to manage emotions regardless of your performance ft. Moritz SeibertIn today’s episode, we discuss how to effectively manage your emotional stability regardless of trading performance, the true value of Bitcoin and the various catalysts behind its price movements, the importance of being able to get back into a trade you may have recently been stopped out of, managing leverage and volatility in a portfolio, how to approach extreme anomalies in historical price data, and much more.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, Li...2020-11-291h 00
Top Traders UnpluggedSI115: Open trade Equity vs Realized Profits and Value vs Growth ft. Rob and MoritzRob Carver returns to the show today to discuss the relevance of open trade equity compared to closed trade equity, the reported return of value’s reign over growth stocks, combining Trend Following portfolios with other strategies, the important of using significant sample sizes when analysing data, why successful systematic traders tend to have the longest documented returns on record. Questions we answer include: Which type of moving average is generally the most effective in Trend Following? Do you recommend any hedging strategies?-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CL...2020-11-221h 27
Top Traders UnpluggedSI114: The importance of Short Sellers and Pfizer CEO selling stocks ft. Moritz SeibertThis week, we discuss the importance of short sellers for well-functioning markets, the benefits of trading index futures versus cash equities, diversification in a robust Trend Following system, Pfizer’s CEO selling a majority of his stock holdings around the vaccine announcement, the differences between top independent discretionary traders & professional money managers, and the increasing use of Modern Monetary Theory (MMT). Questions we answer this week include: Are shorter timeframes going to be more effective than longer timeframes in the future? What are your thoughts on trading less-liquid markets?-----50 YEARS OF TREND FOLLOWING BOOK AND...2020-11-161h 09
Top Traders UnpluggedSI113: The Unknown Market Wizards ft. Jack SchwagerToday, we welcome legendary author Jack Schwager onto the show to discuss his new book ‘Unknown Market Wizards’ and a range of topics such as: what timeframe makes the most successful trader, how the best traders seem to have uncorrelated returns to the overall stock market, why elite traders can often have terrible starts to their careers, how embracing risk management can take returns to a much higher level, what investors should look for in a money manger, mean-reversion versus momentum trading, and a lot more.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR...2020-11-091h 11
Top Traders UnpluggedSI112: How and When to improve your trading system ft. Moritz SeibertIn today’s episode, we discuss the continual need for improvements to a system, the importance of good housekeeping when it comes to managing a portfolio, the varying amounts of leverage among CFD brokers, choosing whether to accept outside investment into your strategy or go it alone, using profit stops versus letting your winners run, and the importance of protecting your intellectual property. Questions we answer this week include: How do experienced CTAs trade through limit-down (or limit-up) situations? Can machine learning be useful in Trend Following for more than just risk parity strategies?-----50 YEAR...2020-11-011h 12
Top Traders UnpluggedSI111: Trend Following pros and cons ft. Michael CovelLegendary Trend Following author & podcast host, Michael Covel, joins us today to discuss the far-reaching popularity of his books, the advantages of allocating to a Trend Following manager rather than DIY trading, managing money for clients vs being an unknown successful private trader, why Trend Following funds should worry about AUM growing to be too large, why Trend Following still deserves an important allocation to any investment portfolio after recent mediocre returns, and whether central bank Quantitive Easing programs have changed the landscape for systematic investors.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO...2020-10-251h 07
Top Traders UnpluggedSI110: US Election and how to trade Cryptos with rules ft. Moritz SeibertThis week, we discuss how markets are handling current US presidential election uncertainty, why a healthy allocation to Trend Following strategies may be needed now more than ever, our thoughts on trading systematically in the cryptocurrency markets, and how to invest in Trend Following funds with relatively low capital. We also answer your questions, including: how do I share the details of my successful trading strategy with my employer, who is a money management firm?-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----2020-10-191h 07
Top Traders UnpluggedSI109: Investing like a legend ft. Perry KaufmanSystematic trading and Trend Following legend, Perry Kaufman, joins us on the show today to discuss the importance of being comfortable with risk, the benefits of continuously ranking & evaluating markets, the importance of ‘fat tails’ in Trend Following systems, why you might want to use equal risk with every trade, how to avoid being over-correlated, trading single stocks vs indices, opinions on profit targets, and why he generally prefers long trades vs short trades.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----2020-10-121h 29
Top Traders UnpluggedSI108: The case for and against the Kelly Criterion ft. Robert CarverRobert Carver joins us today to discuss the case for and against the Kelly Criterion, short vs medium vs long-term Trend Following, how closely you should be following different markets, diversification across markets vs across timeframes, how mainstream financial media is driving investors to alternative information sources, the amount of screens you need to trade successfully, and the importance of viewing returns in terms of percentage rather than monetary terms.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels...2020-10-041h 22
Top Traders UnpluggedSI107: Best and Worst markets to trade and benefits of adding the S&P500 ft. Moritz SeibertIn this episode, we discuss the best & worst markets for Trend Following strategies in recent years, the benefits of trading & investing across multiple timeframes, how a combined portfolio of Trend Following & the S&P500 has been historically lucrative, the perils of a market that is stuck in a large trading range, and how 3 months can easily change your year-to-date performance. Questions we answer include: What are your thoughts on inflation & fixed income, as they relate to Trend Following? How do commission & other charges affect systematic trading strategies? What is the optimal allocation to Trend Following? Do you have any adv...2020-09-271h 13
Top Traders UnpluggedSI106: Ray Dalio's underwhelming 2020 performance and the FED ft. Moritz SeibertToday, we discuss the Federal Reserve’s current inflation targets, whether it is ok for systematic managers to turn off their systems during periods of high volatility & uncertainty, the looming questions around Ray Dalio & Bridgewater’s underwhelming performance in 2020, volatility control vs risk control, and why liquidity should be an important deciding factor for investors when choosing a money manager. Questions we answer this week include: How do you size your positions once maximum portfolio risk is reached? Do have you have any tips on how to perform volatility-control?-----50 YEARS OF TREND FOLLOWING BOOK AND BE...2020-09-1858 min
Top Traders Unplugged with Niels Kaastrup-Larsen104 The Systematic Investor Series ft Roberto Osorio – September 7th, 2020Today, we’re delighted to welcome Roberto Osario, Vice President, Trading Systems at DUNN Capital, onto the show. Niels pitches Roberto some of our most fiercely debated topics so far, such as the optimal amount of markets to trade, diversification in all of its forms, the pros & cons of Volatility Targeting, how to accurately recognise model decay, Black Swan strategies and why they maintain popularity regardless of performance, the best look-back period for Trend Following strategies, and if today’s speed of information flow has led to stock market crashes & fast recoveries being the new normal. Check out...2020-09-0759 min
Top Traders UnpluggedSI104: Inconvenient truths about Trend Following ft. Roberto OsorioToday, we’re delighted to welcome Roberto Osorio, Vice President, Trading Systems at DUNN Capital, onto the show. Niels pitches Roberto some of our most fiercely debated topics so far, such as the optimal amount of markets to trade, diversification in all of its forms, the pros & cons of Volatility Targeting, how to accurately recognise model decay, Black Swan strategies and why they maintain popularity regardless of performance, the best look-back period for Trend Following strategies, and if today’s speed of information flow has led to stock market crashes & fast recoveries being the new normal.-----2020-09-0759 min
Top Traders UnpluggedSI103: FED's Powell, Dave Portnoy and the potential Bond market bubble ft. Robert CarverRob Carver returns to the show this week to discuss Jerome Powell’s comments at Jackson Hole, the potential Bond market bubble that very few are talking about, the sweet-spot for Trend Following fund AUMs, Dave Portnoy’s influence on Robinhood traders, Tom Basso’s recent interview with Meb Faber, and the continual need to improve your successful trading strategies. Questions we answer this week include: Do you know of any Trend Following funds who use the Black-Litterman model of asset allocation? Is it possible to have too much of an allocation to Trend Following strategies?-----50...2020-08-311h 26
Top Traders UnpluggedSI102: TESLA and the famous Tech Bubble ft. Moritz SeibertThis week, we discuss Tesla’s meteoric stock price rise and its likely inclusion into the S&P 500, similarities between today’s parabolic moves in the stock market and the famous tech bubble, why the current outlook for markets necessitates a place for investing in Trend Following strategies, Germany’s move to tax investors on their gold ETF holdings, Volatility-focused trading strategies, and the differences in making adjustments to short term systems vs long term systems. Questions answered this week include: At what point do you decide that your system is no longer working? How do you adjust for ‘conviction’...2020-08-2353 min
Top Traders UnpluggedSI101: Howard Mark’s comments on managing risk and market cycles ft. Moritz SeibertIn this episode, we discuss the danger of financial products such as the Daily 3x Inverse Natural Gas ETN, the potential end of the 2020 bull market in stocks, Howard Mark’s recent quotes on managing risk & market cycles, how a Trend Following mentality can have a positive affect on your world-view, patience for your system vs patience for an individual position, and why needing to ‘agree’ with your trades can be a dangerous idea. Questions we answer this week include: How do you avoid losing large open profits during a parabolic move? Is CAGR a good measure of performance?...2020-08-1759 min
Top Traders UnpluggedSI100: How to filter your trades and staying unemotional ft. Jerry ParkerIn this special anniversary edition of the Systematic Investor podcast, Jerry Parker joins us on the show to discuss why removing as many filters as possible may be beneficial to your trading system, why we could actually be living in the most ‘certain’ times in history, the importance of laser-like focus and unemotional trading during the best & worst periods, Jerry’s incredible story of despair to eventual victory as a Trading Turtle under Richard Dennis, the fallacy of aiming for the ‘perfect’ system, Cliff Asness’s quotes on Corey Hoffstein’s Flirting With Models podcast, the deep history of Trend Following...2020-08-101h 06
Top Traders UnpluggedSI99: Trend Following on ETFs and how to safely invest more aggressively in stocks ft. Moritz SeibertIn today’s show, we discuss why a great defence is necessary for great portfolios, Trend Following on ETFs, why liquidity is often an under-appreciated factor when choosing markets, why you need to include shorts, tips for testing system code, why futures are better for short positions than stocks, and why investing in alternative strategies can allow you to be more aggressive when chasing stock market returns. We also answer some of your questions, including: What is your chosen measure of liquidity? Do you place your trades at the open, close, or other times?-----50 YEAR...2020-08-0353 min
Top Traders UnpluggedSI98: The secret to John. W. Henry's (owner of Liverpool FC and Boston Red Sox) success ft. Mark RzepczynskiToday, we’re delighted to welcome Mark Rzepczynski onto the show to discuss his time working with John W. Henry and what J. W. Henry’s ‘secret weapon’ was, the most effective way to gain downside protection, how to overcome behavioural biases in investing, how diversification can reduce profitability during huge trends, how to effectively make the case for Trend Following to potential investors, where returns dispersion among CTAs is stemming from, and one of our favourite topics: how many markets in a portfolio is too many?-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FO...2020-07-261h 23
Top Traders UnpluggedSI97: Warren Buffett’s recent ‘value’ purchase ft. Robert CarverToday, Robert Carver joins us to discuss JP Morgan’s comments on markets being fabricated by central bank liquidity, Tesla’s incredible swings in market cap, thoughts on Warren Buffett’s recent ‘value’ purchase, the point at which diversification in a portfolio becomes dilution, and the benefits of diversifying among different Trend Following managers.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books...2020-07-2138 min
Top Traders UnpluggedSI94: Markets to avoid in Systematic Investing and David Harding interview ft. Moritz SeibertIn today’s episode, we discuss David Harding’s interview from 2013 with the SEC Historical Society, possible mistakes to avoid in Systematic Investing, if there are any differences between market confidence and the strength of a Trend, thoughts on Excel vs Python, and the importance of preserving capital during bad periods. We also answer your questions, including: Does the rise of Volatility trading have any effect on the effectiveness of Trend Following strategies? How is trend strength calculated?-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----2020-06-2943 min
Top Traders UnpluggedSI92: How to add robustness to your trading and choosing the right time horizon ft. Robert CarverRobert Carver joins us back on the show to discuss why simulating ‘noisy’ data in your backtest can add to robustness, how similar strategies can still result in widely varying returns, how to choose the right look-back period, trading continuous vs binary systems, and how much automation should be used when running a system.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+...2020-06-151h 09
Top Traders UnpluggedSI91: Disconnect between stock market prices and their expected returns ft. Moritz SeibertToday we discuss the disconnect between stock market prices & their expected returns based on economic data, why current p&l may not reflect the quality of your positions, and the potential role of central banks in the future. Questions we answer include: How do you reduce futures rollover costs? How often should a Trend Follower look at their portfolio?Documentaries mentioned: The Fourth Turning Explained and Prince of the Yen-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREFollow Niels on Twitter, LinkedIn, YouTube or...2020-06-0743 min
Top Traders UnpluggedSI90: How to make 3000% in a month and why CTAs are the perfect portfolio ft. Jerry ParkerJerry Parker rejoins us today to discuss how single stocks behave differently to indexes, knowing when to ignore your backtests, multi-strategy CTAs vs trend following CTAs, how to make 3000% in a month, why CTAs should be considered the ‘perfect portfolio’ rather than ‘crisis alpha’, and how luck plays a part in past returns. Questions we answer include: What is the shortest timeframe you look at? What positions are you mainly in at the moment?-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follo...2020-06-011h 21
Top Traders UnpluggedSI89: Trend Following EFTs and Asness vs Taleb ft. Rufus RankinWe’re joined by special guest, Rufus Rankin of Ampersand Investment Management, to discuss Trend Following ETFs, the definition of a truly diversified portfolio, flat-fees versus performance-based fees, how to choose between different managers, learning from Q1 2020, predicting CTA returns, and the recent public spat between Cliff Asness & Nassim Taleb. Questions we answer include: Are Trend Following CTAs seeing an increase in client interest after this year’s stock market crash? What non-USA or Europe markets are CTAs currently interested in?-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE2020-05-2458 min
Top Traders UnpluggedSI87: Dealing with stress when you bring down a bank ft. Nick LeesonWe’re joined today by special guest Nick Leeson, who is famous for the collapse of Barings Bank, one the oldest banks in the world at the time, to discuss liquidity risk in the markets, dealing with stress in extraordinary situations, the benefits of asking yourself the difficult questions, problems when interpreting vast amounts of data, what Nick looks for when investing today, the importance of communicating your feelings, and lots more.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Fo...2020-05-101h 27
Top Traders UnpluggedSI85: Similarities between the market crashes of 1987 and 2020 ft. Nick RadgeToday, special guest Nick Radge joins us on the show to discuss similarities between the market crashes of 1987 and 2020, the players behind the recent Oil volatility, the importance of avoiding trading paralysis, how to behave like a successful investor, developing different strategies for different market environments, how Nick fell in love with Trend Following from an early age, and more. Questions we answer include: How do you incorporate risk management into your strategies? What trading books do you recommend?-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE...2020-04-261h 35