Top Traders Unplugged

Today, 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? If you would like to leave us a voicemail to play on the show, you can do so here. Learn more about the Trend Barometer here. IT's TRUE - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here. And you can get a free copy of my latest book "The Many Flavors of Trend Following" here. Send your questions to info@toptradersunplugged.com Follow Niels, Jerry, Moritz & Nick on Twitter: @TopTradersLive, @RJparkerjr09, @MoritzSeibert and @TheChartist And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Episode Summary 0:00 - Intro 1:05 - Macro recap from Niels 4:04 - Weekly review of returns 5:42 - Niels: For some context, tell us about little about your journey in trading so far. 17:58 - Niels: How have you made Trend Following strategies work on stocks? 22:48 - Niels: Why have you chosen to only trade equities on the long-side? 34:21 - Niels: How do you operate your different types of trading systems?  Do you always run them at the same time? 38:37 - Moritz: How do you help your clients today? 48:29 - Moritz: Do your clients ever have enough impact on the market to cause you to adapt your systems? 53:07 - Niels: Do you operate your US stocks portfolio the same as on Australian stocks? 58:47 - Niels: Are the Australian equity markets liquid? 1:00:53 - Niels: Why do you think the recent crash is similar to 1987? 1:16:30 - Question 1: Michael; How do you incorporate Risk Management into your system? 1:24:19 - Questions 2&3: Michael; How should I size positions for trades based on Moving Averages? Can you recommend any Trading books, especially related to Risk Management? 1:30:40 - Performance recap Subscribe on:

Why working harder doesn't necessarily mean we’ll achieve better results. IT'S TRUE - most CIO's read 50+ books each year! Get your copy of the Ultimate Guide to the Best Investment Books ever written here. Follow me at @TopTradersLive And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Subscribe on:

Why the rules of good Investing are often a 180 degrees opposite to Human nature. IT'S TRUE - most CIO's read 50+ books each year! Get your copy of the Ultimate Guide to the Best Investment Books ever written here. Follow me at @TopTradersLive And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Subscribe on:

How simple rules eradicated an incurable disease in Africa, and how this can be related to good Investing behaviour. IT'S TRUE - most CIO's read 50+ books each year! Get your copy of the Ultimate Guide to the Best Investment Books ever written here. Follow me at @TopTradersLive And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Subscribe on:

Daniel Crosby describes how knowledge can sometimes do very little to change Human behaviour, and so may not be as important as people think. IT'S TRUE - most CIO's read 50+ books each year! Get your copy of the Ultimate Guide to the Best Investment Books ever written here. Follow me at @TopTradersLive And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Subscribe on:

Listener question on how to improve a strategy that seems to be broken.  Should you take an overall approach, or discard any particular markets that haven’t trended for a while? IT'S TRUE - most CIO's read 50+ books each year! Get your copy of the Ultimate Guide to the Best Investment Books ever written here. Follow me at @TopTradersLive And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Subscribe on:

We’re joined today by Robert Carver to discuss why classical Trend Following strategies did well in the recent selloff, the risks in OTC trading, why it’s important to diversify across different managers, the varying recent returns of Renaissance Technologies and AHL, and how Robert Carver approaches volatility, scaling & portfolio construction during a crisis. Questions answered this week include: Are 20 markets enough for a diversified portfolio? Is pyramiding a bad strategy? Should I prioritise signals that agree on multiple timeframes? If you would like to leave us a voicemail to play on the show, you can do so here. Learn more about the Trend Barometer here. IT's TRUE - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here. And you can get a free copy of my latest book "The Many Flavors of Trend Following" here. Send your questions to info@toptradersunplugged.com Follow Niels, Jerry, Moritz & Rob on Twitter: @TopTradersLive, @RJparkerjr09, @MoritzSeibert and @InvestingIdiocy And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Episode Summary 0:00 - Intro 1:00 - Macro recap from Niels 3:14 - Weekly review of returns 59:25 - Questions 1, 2 & 3; Gary: Are 20 markets enough for a diversified portfolio?  Should I prioritise signals that agree on multiple timeframes?  Is pyramiding a bad strategy? 1:24:56 - Performance recap Subscribe on:

Howard Mark’s recent thoughts on the importance of ‘buying low’, and what really constitutes ‘buying low’. IT'S TRUE - most CIO's read 50+ books each year! Get your copy of the Ultimate Guide to the Best Investment Books ever written here. Follow me at @TopTradersLive And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Subscribe on:

Why clients would benefit from lock-up periods, and the difference between evolving your strategies or sticking with it. IT'S TRUE - most CIO's read 50+ books each year! Get your copy of the Ultimate Guide to the Best Investment Books ever written here. Follow me at @TopTradersLive And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Subscribe on:

Are A.I. programmers unknowingly passing their human biases into the algorithms? IT'S TRUE - most CIO's read 50+ books each year! Get your copy of the Ultimate Guide to the Best Investment Books ever written here. Follow me at @TopTradersLive And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Subscribe on:

The benefits of sticking with your system through good & bad times, even in the face of client pressure. Also why Investors benefit from not looking at their portfolios too frequently. IT'S TRUE - most CIO's read 50+ books each year! Get your copy of the Ultimate Guide to the Best Investment Books ever written here. Follow me at @TopTradersLive And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Subscribe on:

In this episode, we discuss how Trend Following strategies are able to cope with the extra volatility around huge world events,  Transtrend’s recent article on responsible investing and why that includes the ability to short a market, the current oil situation, and recent interview appearances by Ray Dalio and Danielle DiMartino Booth.  Questions answered this week include: Can Trend Following do well in a hyper inflationary environment? Have you discovered anything new from the 2020 Crash? Interviews mentioned: Danielle DiMartino Booth on Valuetainment and Ray Dalio on TED If you would like to leave us a voicemail to play on the show, you can do so here. Learn more about the Trend Barometer here. IT's TRUE - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here. And you can get a free copy of my latest book "The Many Flavors of Trend Following" here. Send your questions to info@toptradersunplugged.com Follow Niels, Jerry & Moritz on Twitter: @TopTradersLive, @RJparkerjr09, and @MoritzSeibert And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Episode Summary 0:00 - Intro 1:55 - Macro recap from Niels 7:06 - Weekly review of returns 8:09 - Top Tweets 36:58 - Craig: Question 1:  Can Trend Following do well in a hyper-inflationary environment? 46:31 - George: Question 2: Have you discovered anything new from the 2020 crash? 53:49 - Performance recap   Subscribe on:

Bill Dreiss shares his opinion on what it takes to be a successful Trader. IT'S TRUE - most CIO's read 50+ books each year! Get your copy of the Ultimate Guide to the Best Investment Books ever written here. Follow me at @TopTradersLive And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Subscribe on:

Bill Dreiss discusses embracing the uncontrollable nature of Volatility, and explains some of the dangers of what he calls ‘warehousing risk.’ IT'S TRUE - most CIO's read 50+ books each year! Get your copy of the Ultimate Guide to the Best Investment Books ever written here. Follow me at @TopTradersLive And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Subscribe on:

Discussion on some of the reasons why Trend Following works, but why paradoxically, investors are lured toward mean-reversion. IT'S TRUE - most CIO's read 50+ books each year! Get your copy of the Ultimate Guide to the Best Investment Books ever written here. Follow me at @TopTradersLive And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Subscribe on: