SI141: Aligning 'Operation Tempo' with your Trading Personality ft. Mark Rzepcyznski

Top Traders Unplugged

Niels Kaastrup-Larsen

Business, News, Business News, Investing

4.8 • 712 Ratings

🗓️ 23 May 2021

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Mark Rzepczynski joins us today to discuss China’s move to ban Bitcoin trading, the Federal Reserve’s announcement of research into a new central bank digital currency, some of the issues around inflation and how it might affect trading, the psychology of drawdowns and the time in between new highs, how inflation can distort price signals, the recent rise of the ‘Misery Index’, Michael Burry’s huge bet against Tesla, the importance of exits in Trend Following strategies, and matching the right ‘Operation Tempo’ for your trading personality.

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50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE

In this episode, we discuss:

China's recent banning of Bitcoin trading and mining
The Federal Reserve's announcement of a possible new digital currency
Inflation and its effects on trading
The psychology around drawdowns
Price signals and how they can be distorted by inflation
Matching what Mark terms as 'Operation Tempo' with your personality

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And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.

Learn more about the Trend Barometer here.

Send your questions to info@toptradersunplugged.com

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Episode TimeStamps:

00:00 – Intro

02:11 – Macro recap from Niels

05:49 – Weekly review of performance

11:00 – Further discussion on our recent talking point of discretionary versus systematic, including some comments from Top Traders Unplugged community member, Danny

13:38 – Q1; Fernando: Does it get easier with time and experience, to endure drawdowns?

22:40 – Some of the issues around inflation and how that might affect trading

44:30 – Momentum crashes and decision-clustering

57:35 – The importance of matching your personality to the timeframes you trade

01:04:10 – When is the best time to invest in Trend Following?

01:11:28 – Benchmark performance update

01:12:30 - Recommended listening or reading this week: MacroVoices Podcast featuring David Rosenberg

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PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:

1. eBooks that cover key topics that you need to know about

In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here

2. Daily Trend Barometer and Market Score

One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here

3. Other Resources that can help you

And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here

Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0	You're about to join Jerry Parker, Maritz Siebert, and Neil's Kostrup Larson on their
0:06.3	raw and honest journey into the world of systematic investing and learn about the most
0:11.0	dependable and consistent yet often overlooked investment strategy.
0:15.1	Welcome to the Systematic Investor podcast series.
0:22.8	Welcome and welcome back to this week's edition of the systematic investor series with Mark
0:27.6	Resensitsky and I, Neil's Kastrolusen, where each week we take the pulse of the global
0:31.9	markets through the lens of a rules-based investor.
0:35.8	For those of you who are regular listeners, our conversations are
0:38.9	intended to give you as much of the nurture and encouragement as the turtles got back in the 1980s,
0:45.3	as Jerry puts it. And if you're new to the show, we hope that today's episode will trigger
0:50.4	your appetite to learn more and diving into the back catalog and listen to all of
0:55.5	the past episodes that you may have missed. Like last week's episode with Jerry, in fact, where we got
1:01.4	into a bit of a disagreement, friendly of course, about risk allocation for single trade, whether you
1:07.0	should keep it static or if you can have rules to vary your risk per trade.
1:12.0	And I invite you, as always, to go back and check this out if you haven't had a chance to
1:17.5	listen to it yet. It's quite an interesting conversation with Jerry. Mark, always great to be
1:23.2	back with you. How are you this week? How are things? Are you seeing some spring you are?
1:29.4	Seeing some spring. I'm not at Massachusetts today. I'm out in Indiana for my daughter's graduation
1:35.6	from university. And it's getting a little hot and humid, but I had to go through the Ohio,
1:41.8	Indiana farm country. And so we're seeing tractors out in full force.
1:46.8	They're planting soybeans, corn, and it was mid-80s Fahrenheit yesterday.
1:52.6	So it's starting to warm up here in the United States.
	...

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