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Hi Michael.
Thank you for your website.
I think I must have purchased 3 copies of your book Trend Following, over the years, but whenever we moved house they somehow got misplaced.
I run a small Hedge fund, and have been trading Fx options since 1997. Been reading up on Ed Seykota & the Turtles for as long as I can remember, but always used Market profile for my intra-day hedging of my options portfolios, when working at my previous employers (i.e. investment banks).
I run a Fx Volatility fund, but I am never delta neutral, as I look to benefit from trends and try to position accordingly.
Example – I am currently long USDJPY, and have written USD PUTS, to pick up the volatility premium and also run the delta as well as buying USD ag JPY to create a clearly long USD view.
Reasons for writing the PUTS, is that it allows me to pick up theta, even when the market move sideways.
I signed up to your website, as I feel that working in a bank has taken away my focus on trend following, and would ideally like to sharpen my focus and also learn about more/”NEW” ideas to identify trends etc.
Your thoughts and insights will be greatly appreciated.
NB: I use 20 day Donchians breakout with + Joe Di Napolis 25×5 SMA as a Filter, as well as the parabolic PSAR to exit trades .
Kind regards,
[Name]
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