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My guest today is Doug Greenig, CEO of Florin Court Capital. He has 29 years of experience in portfolio management and trading. From 2012 to 2014, he was Chief Risk Officer of Man/AHL and also headed the Portfolio Management Group. Doug was jointly responsible (with the CIO) for the evaluation and approval of all investment strategies and trading systems. Prior to AHL, Doug was a Managing Director working as a quantitative portfolio manager at the Fortress Investment Group. From 2001 to 2006, Doug was Head of Agency Mortgage Trading at RBS Greenwich Capital.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

• Diversification
• Analysis of current global economic risks and trends
• Systematic macro fund
• Exotic and unusual markets
• Complexities of trading diverse markets
• Systematic approach

Mentions & Resources:

• Doug Greenig
• Florin Court Capital

Listen to this episode:

• Listen to this podcast on iTunes. (Please leave a rating!)
• Listen on Spotify.
• Libysn RSS.
• Download as MP3 by right-clicking here and choosing “save as.”
• Free Video.

Jump in!

Feedback in:

I mean the trading system. Moving averages and Stochastics. There are many others.

I am still trying to find the one that works the best.

Time frame of a year or so.

Regards,
Adam S.

You need a full system. You are talking about an indicator. You need:

Portfolio: What market do you buy or sell?
Bet Sizing: How much of a market do you trade?
Entry: When do you buy or sell a market?
Exit: When do you exit a losing trade?
Exit: When do you exit a winning trade?

This is trend following.

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How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

• Trend Following Podcast Guests
• Frequently Asked Questions
• Performance
• Research
• Markets to Trade
• Crisis Times
• Trading Technology
• About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Time for Change with Michael Covel on Trend Following Radio.

Listen to this episode:

• Listen to this podcast on iTunes. (Please leave a rating!)
• Listen on Spotify.
• Libysn RSS.
• Download as MP3 by right-clicking here and choosing “save as.”
• Free Video.

Want to learn more Trend Following? Watch my video here.

Feedback in:

Hi Michael,

Haven’t contacted you in ages, but I do listen to your podcast. You might recall we met up in Saigon a few years ago. I live in Bangkok now.

In a recent interview with Larry Hite, and in one with Salem, they gave examples of taking big bets. Larry risking $500k? to make $3m, or Salem taking options bets on Covid. I’m sure they weren’t sitting around calculating ATRs. Likely it was more intuitive than that. I don’t know of course what % of net worth those bets represented at the time, but they sound like non-rule based bets to me 🙂 So, what’s going on in their heads in these circumstances?

Reason I ask, is I’m in a similar situation with Bitcoin… way longer-term bet tho. If you recall I was telling you about Bitcoin back in 2016-2017, but I’ve been in it deeply since 2014. I’ve only sold enough for living expenses, but now it’s over 75% of my net worth, and has allowed me to get out of the US. But at 75% of net worth I feel like I’m risking my lifestyle now by continuing to hold it so heavily.

Perhaps something you can talk about in a podcast when not doing an interview.

Hope you’re well.

Gene S.

You are buy and hold. I can’t easily persuade you. Why not just have a stop?

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How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

• Trend Following Podcast Guests
• Frequently Asked Questions
• Performance
• Research
• Markets to Trade
• Crisis Times
• Trading Technology
• About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Feedback in:

Hello Mr. Covel,

I’m a new trend follower trader and I want to know what is the best indicator that you use, or for example like Michael Marcus, what indicator he use in his chart or other trader that you interview?

Thank you for your reply.

Best regards,
Driton M.

Price action. The price itself. More? Read here.

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How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

• Trend Following Podcast Guests
• Frequently Asked Questions
• Performance
• Research
• Markets to Trade
• Crisis Times
• Trading Technology
• About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Feedback in:

Hello Michael,

I’m sure it is hard to find guests after 1200+ episodes. My suggestion is [name], cofounder of [name].

He sounds like a trend trader to me though he may not know it. He trades derivatives (options and future, currencies, bonds et alia). He doesn’t believe in technical analysis. Listening to him everyday tells me that he is a good fit for your podcast.

Ask him to tell you the story of how he inadvertently sold his previous brokerage, [name] for $750m. He and his partner [name] had no intention of selling their almost brand new start up baby at all so threw out a ridiculous number of $750m to get rid of the potential buyers and they said “ok” so [name] felt obliged to put their money where his mouth is and sell.

How is Vietnam? I have been there twice. The first time was in 2002 and people were still driving bicycles whereas neighbouring Thailand had motorbikes. When I returned in 2013, just 11 short years later, the bicycles were gone. (I now live in Korea).

Have you seen the water puppet theatre? This is a video I took back in 2002. The cameras in those days were not HD but it’s ok to watch.

I enjoy the podcasts immensely.

Keep up the good work!

Peter D.

Thanks!

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How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

• Trend Following Podcast Guests
• Frequently Asked Questions
• Performance
• Research
• Markets to Trade
• Crisis Times
• Trading Technology
• About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Subscribe to Trend Following Radio on iTunes

My guest today is Doug Stokes, a British academic who is Professor in International Security and Strategy in the Department of Politics at the University of Exeter, and a Senior Adviser at the Legatum Institute. His areas of research specialism include American foreign policy, geopolitics and the culture wars. Doug acted as the Director of Exeter University’s Strategy and Security Institute and was a Senior Research Fellow at the Royal United Services Institute (RUSI) for over a decade.

The topic is his book Against Decolonisation: Campus Culture Wars and the Decline of the West.

In this episode of Trend Following Radio we discuss:

• DEI (Diversity, Equity, and Inclusion) and culture wars
• Philosophical roots of DEI
• Social constructivism and postmodernism
• Meritocracy vs DEI ideology
• Racism and differential outcomes
• Civilizational competition and bureaucratic capture

Mentions & Resources:

• Doug Stokes
• Doug Stokes on Twitter
• Against Decolonisation: Campus Culture Wars and the Decline of the West

Listen to this episode:

• Listen to this podcast on iTunes. (Please leave a rating!)
• Listen on Spotify.
• Libysn RSS.
• Download as MP3 by right-clicking here and choosing “save as.”
• Free Video.

Jump in!