SI148: The Importance of Capturing A Few Large Trends ft. Jerry Parker
Top Traders Unplugged
Niels Kaastrup-Larsen
4.8 • 670 Ratings
🗓️ 11 July 2021
⏱️ 69 minutes
🧾️ Download transcript
Summary
Jerry Parker returns today to discuss why margin perhaps isn’t as important as people perceive it to be, the resurgence of ‘classical’ Trend Following, the importance of having a low Sharpe ratio, an update on Jerry’s Bitcoin positioning, the drawbacks of trading a single, longer-term timeframe, how European CTAs successfully compete with American CTAs, the best methods for measuring open risk, and why capturing the fewer large trends may be more important than the many small trends.
Also check out my interview with Turtle Trading legendary mentor Richard Dennis here.
-----
50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE
-----
Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.
IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.
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 [email protected]
And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.
Follow Jerry on Twitter.
Episode TimeStamps:
00:00 - Intro
01:28 - A huge thank you to our listeners for leaving 5-star reviews in iTunes
02:02 - Macro recap from Niels
12:07 - Q1; Omar: Why isn’t Trend Following more popular as a strategy?
31:37 - Q2 & Q3, Q4; John: What percentage of margin to equity was Jerry using during his Turtle Trading days? What kind of margin levels does Jerry use today at Chesapeake? How do you define and differentiate between ‘profit factors’?
40:01 - Q5; Mark: What look back periods do you tend to prefer?
47:27 - Deep and fast drawdowns versus longer-lasting, shallower drawdowns
50:48 - Adjusting your trading universe by recent performance
58:11 - How newer money managers can differentiate themselves...
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 dependable |
| 0:11.6 | and consistent yet often overlooked investment strategy. |
| 0:15.2 | Welcome to the Systematic Investor Podcast series. |
| 0:19.2 | Welcome and welcome back to this week's edition of the podcast series. |
| 0:26.6 | Welcome and welcome back to this week's edition of the systematic investor series with Jerry Parker and me, Niels Karstablastin, where each week we take the pulse of the global |
| 0:31.3 | market through the lens of a rules-based investor. |
| 0:34.7 | For those of you who are regular listeners, our conversations are intended for you to learn |
| 0:39.0 | and grow as a rules-based investor. And if you are new to the show, we hope that today's episode |
| 0:43.7 | will trigger your curiosity to check out the back catalog and listen to past episodes that you may |
| 0:49.3 | have missed, like last week's episode with Moritz, where we had so many great questions from our community |
| 0:55.5 | and where we also went through the recent massive up and downtrend in lumber |
| 1:01.0 | and how a trend following system like Morris has handled this kind of market action. |
| 1:07.4 | Jerry, very excited to be back with you this week. |
| 1:10.3 | How are you doing? How are things where you are in Florida? |
| 1:13.0 | Things are great here in Tampa, Florida. Our hockey team just won three-second straight Stanley Cup |
| 1:18.1 | championship. So we're very happy about that and we're excited for our boat parade on Monday to celebrate. |
| 1:25.7 | That sounds very nice indeed. |
| 1:28.6 | Now, before we dive into this week's short market wrap, I just wanted to give a quick shout |
| 1:35.5 | out to Steveo, Henry and Mark, whom I saw had left a really nice rating and review this |
| 1:41.6 | week in iTunes. |
| 1:42.7 | We're so grateful for these because they motivate us |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Niels Kaastrup-Larsen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Niels Kaastrup-Larsen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.