1 hr 8 min

SI148: The Importance of Capturing A Few Large Trends ft. Jerry Parker Top Traders Unplugged

    • Investing

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 https://www.youtube.com/watch?v=94nUnXsYpLY (here).
Follow Niels on https://twitter.com/toptraderslive (Twitter), https://www.linkedin.com/in/nielskaastruplarsen (LinkedIn), https://www.youtube.com/user/toptraderslive (YouTube) or via the https://www.toptradersunplugged.com/ (TTU website).
Follow Jerry on https://my.captivate.fm/@RJParkerJr09 (Twitter).
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 http://bit.ly/36bzny2%22%20%5Ct%20%22_blank (here).
And you can get a free copy of my latest book “The Many Flavors of Trend Following” http://www.toptradersunplugged.com/book%22%20%5Ct%20%22_blank (here).
Learn more about the Trend Barometer https://www.toptradersunplugged.com/resources/market-trends/%22%20%5Ct%20%22_blank (here).
Send your questions to info@toptradersunplugged.com
And please share this episode with a like-minded friend and leave an honest rating and review on https://itunes.apple.com/us/podcast/top-traders-unplugged-niels/id888420325?mt=2%22%20%5Ct%20%22_blank (iTunes) so more people can discover the podcast.
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 and 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 from their competitors
01:01:04 - Diversification versus concentration
01:05:07 - Benchmark performance update

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 https://www.youtube.com/watch?v=94nUnXsYpLY (here).
Follow Niels on https://twitter.com/toptraderslive (Twitter), https://www.linkedin.com/in/nielskaastruplarsen (LinkedIn), https://www.youtube.com/user/toptraderslive (YouTube) or via the https://www.toptradersunplugged.com/ (TTU website).
Follow Jerry on https://my.captivate.fm/@RJParkerJr09 (Twitter).
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 http://bit.ly/36bzny2%22%20%5Ct%20%22_blank (here).
And you can get a free copy of my latest book “The Many Flavors of Trend Following” http://www.toptradersunplugged.com/book%22%20%5Ct%20%22_blank (here).
Learn more about the Trend Barometer https://www.toptradersunplugged.com/resources/market-trends/%22%20%5Ct%20%22_blank (here).
Send your questions to info@toptradersunplugged.com
And please share this episode with a like-minded friend and leave an honest rating and review on https://itunes.apple.com/us/podcast/top-traders-unplugged-niels/id888420325?mt=2%22%20%5Ct%20%22_blank (iTunes) so more people can discover the podcast.
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 and 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 from their competitors
01:01:04 - Diversification versus concentration
01:05:07 - Benchmark performance update

1 hr 8 min