Best of TTU – The Importance of Asset Allocation & Patience

In 1987, 3 scientists, 1 from Cambridge and 2 from Oxford, were brought together by their shared passion for the markets and for computers.  Little did they know, that over the next 3 decades, this passion would lead them to build 3 world-leading multi-billion dollar Systematic Investment businesses.  Today, I would like to share another…

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Best of TTU – Reminiscences of 3 Trend Followers

One of the great Investment books of all time is Reminiscences of a Stock Operator, which is the fictionalized biography of perhaps the most famous Financial Speculator of all time: Jesse Livermore. There is no doubt that even today, 100 years later, we can all learn from of the experiences of successful Investors. In this…

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Market Trends for June 2019

US Stocks had their strongest June since 1955 and recorded their highest ever monthly close, leaving investors in the S&P500 17% better off than at the end of 2018, marking the best first half in more than two decades.

Fears for the economy have stoked government bonds as investors fret slowing growth and rock-bottom inflation. Treasuries returned just over 5% in the first half as they piled in. In the process more of the yield curve inverted, and the world’s pool of negative yielding debt swelled to a new record.

Yet as bonds screamed recession, stocks defied that, too.

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Best of TTU – You Don’t Need To Be A Genius If You Can Stick To A Plan

In the previous Best of Top Traders Unplugged, we went back in time to re-visit some of the key lessons that many investors learned during the Financial Crisis of 2008. It was my way of reminding myself, and you, of something that we as investors must never forget.  Today, Robert Carver goes much deeper into the…

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Best of TTU – Trading for a Living

The financial crisis back in 2008 is slowly fading from the memories of investors. But for those of us who lived and traded through it, many important lessons were learned, and usually the hard way.  For many investors, it was a period that can be best described as an Emotional Roller-Coaster, where billions of dollars were…

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Market Trends for May 2019

A perfect set-up for the month of May…stocks at their most recent highs, moderate growth, a dovish FED, volatility back to it’s lows and confidence in the tariff war ending soon…was quickly crushed by new tweets and rhetoric that caught the bulls on the wrong foot.

The month of May left equity investors bruised whilst bond investors enjoyed and unforgiving rally during another flight to “safety” environment and reminded us all of the old saying “Sell in May…and go away”.

Global Marco is back with a vengeance…which could lead to big trends ahead.

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Best of TTU – How To Start & Grow A CTA Business

I get a lot of questions about ideas to help build the best Trading Model, and I understand why many aspiring managers feel that this is critical to their future success.  There is though, a lot of truth in the saying: “Most people overvalue ideas and underestimate execution”.  What I mean by that is, when you…

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Best of TTU – The Evolution and Future of Trend Following

Regardless of the investment strategy that you apply to the markets, your strategy or approach needs to evolve over time.  The way we did Trend Following back in the 1970s, 1980s, & 1990s is not exactly the way we do it today, and I think this can be said about most, if not all strategies.  Now…

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25 Top Traders Round Table with John Fidler, Jonathan Miles, and Christopher Vogt – 2of2

“Over the years, I have allocated to a lot of short term CTAs… but due to the alpha decay factor to short-term models, not really made any money from it.” – John Fidler (Tweet) Welcome to Top Traders Round Table, a podcast series on managed futures brought to you by CME Group. On today’s episode,…

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Market Trends for April 2019

April saw conflicting headlines over the future of trend following, but what the media did not focus on so much…is the failing of the stock and bond markets to “survive” without artificial life support.

As equities surge to all-time highs, volatility has all but vanished. Investors are betting the calm will last, shorting the CBOE Volatility Index, or VIX, at rates not seen in at least 15 years.

Large speculators, mostly hedge funds, shorted VIX futures contracts in sizes not seen before.

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