I’m really enjoying your books. I’d love to get access to your free interactive trend following presentation. Below is a copy of my receipt from Amazon.
My guests today are Jerry Parker and Moritz Seibert.
Jerry Parker, the founder of Chesapeake Capital Corporation, a global investment manager headquartered in Richmond, Virginia, in 1988. He was an original TurtleTrader, the most successful TurtleTrader.
Moritz Seibert, Founder & CEO at Takahē Capital, a systematic investment manager targeting absolute returns through resilient trading strategies. He is also the co-host at Top Traders Unplugged.
The topic is Trend Following.
In this episode of Trend Following Radio we discuss:
Risk and drawdown expectations in trend following
Systematic v. discretionary
Leverage in CTA performance
Performance fees, clawbacks, and client alignment
CTA, managed futures, and their marketing implications
I’m an Air Force service member based in Georgia, and I manage a small trend following fund inspired by the same high-octane approach I’ve seen reflected in your books and some of your interviewees.
I launched earlier this year with under $50k in AUM, which some would say is impossible but I’m enjoying the process. I want to thank you for all the information you put out and looking forward to picking apart more nuggets!
Just wanted to introduce myself and hoped to connect. Wishing you continued success.
I’ve been listening to your podcast for a while, have read the market wizard books as well. The Brazilian Equity Market shows that even the “best professionals” with c-level access don’t have an edge and can’t generate alpha when the trend and money flow is not there. So I would like to study more about trend following. Appreciate if you can send me in the right path.
Thank you for your email and books. Does cutting losses early also mean selling an index ETF such as SPY or VOO when there is a drawdown such as the one experienced in April (or countless other episodes)? Or are you referring only to single-stock or sector trades?
Thanks,
Nikolai
Cutting losses inside a trend following system applies to all markets. Cutting losses doesn’t mean new entry signals can’t appear again in that same market.