Summary: In this week’s episode, we discuss Ray Dalio’s recent article on Paradigm Shifts and his comments on the safety of Gold. We also touch on the perils of having too many filters that keep you from entering a trade, why you should avoid ‘sure thing’ trade recommendations from others, the importance of having a plan before entering a trade, the benefits of incorporating what you’ve learnt from others about Trading into your own strategies, and the reasons for buying at the 52-week high as opposed to the 52-week low. Questions this week include: is it better to have multiple exit strategies on a trade or just one single criteria? Should long positions have the same Trading rules as short positions? Is there such a thing as having a ‘healthy fear’ in the markets?<br> You can download your free guide to Systematic Investing, and subscribe to our mailing list by visiting TopTradersUnplugged.com<br> Get a free copy of my latest book "The Many Flavors of Trend Following" here.<br> Send your questions to info@toptradersunplugged.com<br> Follow Niels, Jerry & Moritz on Twitter:<br> @TopTradersLive, @RJparkerjr09 and @MoritzSeibert<br> 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.<br> <br> Episode Summary<br> 0:00 - Request for podcast reviews from listeners<br> 2:30 - Intro/Macro recap from Niels<br> 3:30 - Weekly review of returns<br> 6:30 - Discussion of Ray Dalio article<br> 10:00 - Jerry’s highlights for the week<br> 12:15 - Discussion of paper on TF speeds<br> 27:00 - Top tweets<br> 58:30 - Questions 1/2: Harsh; Can you have different exits for longs and shorts? Can stop distance adjust dynamically based on profit?<br> 1:06:00 - Question 3: Sebastian; Can you trade without pain/fear if you deeply believe in your approach?<br> 1:14:15 - Performance recap<br> Subscribe on:
