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SI186: Crisis Alpha & My Trend Following Thesis ft. Richard Brennan

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Sinopsis

Today, Rich and I discuss the Q1 Trend Following performance and how it turned out to be one of the best calendar quarters for the SG Trend and SG CTA indices. We also dive into my own "thesis" about trend following in a De-Globalized world and why I believe that we may be returning to the golden era of trend following, like in the 1970s, 80s and 90s. As usual we debated a few great questions from our community, relating to Volatility Targeting and how to manage your Stop-Loss. A lively episode for sure! ---- In this episode, we discuss: Interest Rates and the current Bear Market in Bonds Our slighltly different definitions of the term "Crisis Alpha" The concern's Rich has for the World, and what that means for Trend Following The impact on Trend Following of a De-Globalization of the World The difference between initial and trailling stops, and when to use them What software to use to backtest your systems Whether dynamically adjusting your position size during a trade is better or worse than keeping it stat