Summary: <br> Today, we discuss the benefits of focusing on highly liquid markets, why Trend Following strategies are usually less risky & volatile in any market environment, how simple ideas can often be more robust than complex ideas, whether there’s a place for discretion in trading systems, why a manager’s true aims may not be what you were are expecting, and how emotional intelligence disappears during times of stress. Questions we answer include: Should I have fewer positions, and risk more per trade? How do you deal with a market’s sudden loss of liquidity? How does open equity affect upcoming position sizes?<br> If you would like to leave us a voicemail to play on the show, you can do so <a href="https://www.speakpipe.com/ttuvoicemail">here</a>.<br> Learn more about the Trend Barometer <a href="https://www.toptradersunplugged.com/resources/market-trends/">here</a>.<br> 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 <a href="http://bit.ly/36bzny2">here</a>.<br> And you can get a free copy of my latest book "The Many Flavors of Trend Following" <a href="http://www.toptradersunplugged.com/book">here</a>.<br> Send your questions to <a href="mailto:info@toptradersunplugged.com">info@toptradersunplugged.com</a><br> Follow Niels, Jerry, Moritz & Rob on Twitter:<br> <a href="https://twitter.com/TopTradersLive">@TopTradersLive,</a> <a href="https://twitter.com/rjparkerjr09">@RJparkerjr09</a>, and <a href="https://twitter.com/moritzseibert">@MoritzSeibert</a><br> And please share this episode with a like-minded friend and leave an honest rating & review on <a href="https://itunes.apple.com/us/podcast/top-traders-unplugged-niels/id888420325?mt=2">iTunes</a> so more people can discover the podcast.<br> <br> Episode Summary<br> 0:00 - Intro<br> 1:21 - Macro recap from Niels<br> 5:57 - Weekly review of returns<br> 8:09 - Top Tweets<br> 41:53 - Francois: Question 1: How did you handle the huge drop in Oil?<br> 45:18 - Mike: Questions 2/3: How do you handle futures capacity constraints? A large trend will likely attract many Trend Followers, how does this affect your position sizing?<br> 1:00:00 - James: Question 4: How do you deal with gap-downs in a market’s liquidity?<br> 1:01:31 - Dave: Question 5: How does open trade equity affect future position sizing?<br> 1:04:44 - Dante: Question 6: Should I use fewer positions & risk more per trade?<br> 1:11:08 - Performance recap<br> <br> Subscribe on:<br> <a href="https://www.toptradersunplugged.com/itunes" target="_blank" rel="noopener noreferrer"></a> <a href="https://www.stitcher.com/podcast/top-traders-unplugged" target="_blank" rel="noopener noreferrer"></a> <a href="https://soundcloud.com/toptradersunplugged-com/" target="_blank" rel="noopener noreferrer"></a><br>
