SI152: Love Your Rules, But Not Your Positions ft. Jerry Parker

Top Traders Unplugged

Niels Kaastrup-Larsen

Business, Business News, Investing, News

4.8 • 670 Ratings

🗓️ 7 August 2021

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Jerry Parker is on the show with us today to discuss Ethereum’s recent rise after a new ‘hard fork’, auto-correlation and its effects on Trend Following strategies, how trading extra markets can improve performance, drawdowns as a key to profiting from huge trends, how Trend Following firms who try to be too unique often end up underperforming, the power of pure Trend Following versus over-optimisation, why ESG investing should also take into account human rights issues, why you should love your trading rules but not your positions, and how trading in smaller sizes can lead to much bigger returns.

Also check out my interview with Turtle Trading legendary mentor Richard Dennis here.

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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:

The recent comeback in crypto markets and trading crypto futures
Thoughts on autocorrelation
The benefits of trading a wide range of markets
How over-optimisation can result in underperformance
Why ESG investing should consider human rights issues as well as environmental
Why your rules are more important than any one position
How decreasing position size can increase a system's profits

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Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.

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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 [email protected]

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Episode TimeStamps:

00:00 - Intro

04:11 - Macro recap from Niels

04:44 - A huge thank you to our listeners for leaving 5-star reviews in iTunes

05:25 - Discussion on Ethereum

08:34 - Weekly review of...

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 raw and honest journey into the world of systematic investing and learn about the most dependable and consistent yet often overlooked investment strategy.
0:15.1	Welcome to the Systematic Investor podcast series.
0:22.7	Welcome and welcome back to this week's edition of the systematic investor series with
0:26.8	Jerry Parker and me, Niels Karstablastin, where each week we take the pulse of the global market
0:31.0	through the lens of a rules-based investor.
0:35.5	So this week, we're actually recording early. It's only Thursday evening.
0:41.3	Normally we record on a Saturday. So just please keep that in mind as you listen to our conversations.
0:47.7	There may be a few things that we won't be aware of as we record this early. Also as a little reminder, if you missed last week's episode
0:57.0	with Moritz, I invite you to go back and listen to that one. We have some really great questions
1:03.0	from you and they were a little bit different as well. So I'm sure you will enjoy that conversation. Jerry, always great to be with you,
1:15.4	of course, and how are you doing? How are things where you are? These are good here in Florida.
1:20.9	It's a very nice time of year to be here. It's a little warm, but we're getting a lot of rain as well.
1:26.2	But everything's going well.
1:28.1	And I don't see this outbreak of COVID around me.
1:32.7	I know Florida gets a lot of negative press along with Texas.
1:36.1	One third of all cases in the U.S. come from Florida and Texas.
1:39.8	Really?
1:40.4	I haven't seen it impact me, but hopefully it's going to stay that way.
1:46.0	Sure, absolutely.
1:47.0	Yeah, I heard from my colleagues earlier this week that it had been pretty wet recently
1:53.0	in terms of the weather.
1:54.0	So a good time to stay indoors perhaps and watch some of the Olympics.
	...

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