Top Traders Unplugged

This week, Richard Brennan from ATS Trading Solutions makes his debut on the show, and we discuss the complexity behind successful Trend Following strategies, momentum trading versus Trend Following, the importance of average win rate, how a weak edge can still lead to strong returns, deflationary environments and their past effects on the Trend Following models, which markets, and how many, to include in a profitable trading system, and how to find the perfect exit strategy with minimum risk.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn this episode, we discuss:Why there may be no such thing as a 'simple' successful Trend Following strategyHow to profit across multiple timeframesHow momentum investing is often confused with Trend Following methodsAverage win rate versus average loss rateWhy inflation is usually a good thing for systematic investorsTrailing stops and risk managementHow many markets are ideal for a profitable Trend Following system-----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 info@toptradersunplugged.comAnd 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 Rich on Twitter.Episode TimeStamps:00:00 – Intro01:31 – A huge thank you to listeners of the show for leaving your 5-star reviews on iTunes02:18 – Macro recap from Niels04:23 – Weekly review of performance10:24  – Q1; Kushro: Is there a way for the novice rules-based investor to reliably backtest their rules?12:40  – Q2 & Q3; Danny: Can you give an example of how to trade multiple timeframes? How do I manage risk from unrealised profits & losses?23:35 – Extracting an edge from markets42:22 – Analysing win/loss rates52:00 – Stops and position sizing56:42 – Benchmark performance update57:45 – Some big announcementsCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer

Mark Rzepczynski joins us this week to discuss ‘algorithm aversion’ and the science of how ‘model anxiety’ shows investors to be naturally wary of rules-based systems. We also discuss how to evaluate momentum data, how a busy week for market news can still be a quiet week for Trend Followers, the benefits of moving away from ‘peak complexity’ as soon as possible, why having too many filters can expose a trader to large opportunity costs, the optimal percentage amount of risk per trade, as well as portfolio construction versus signal generation and which is more important.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn this episode, we discuss:How behavioural finance leaves investors under-allocated to Trend Following strategiesHow to perceive momentum dataWhy the steady flow of market news often has little value for Trend FollowersEmbracing simplicityThe need to avoid too many filters in your systemHow much should be risked per trade-----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 info@toptradersunplugged.comAnd 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 Mark on Twitter.Episode TimeStamps:00:00 – Intro01:49 – A huge thank you to listeners of the show for leaving your 5-star reviews on iTunes03:02 – Macro recap from Niels04:48 – Weekly review of performance11:59  – Q1; James: What are your views on momentum indicators diverging against price action?24:56  – Q2; Frank: What is your view on the relationship between the stop and the look-back period?28:52  – Q3; John: Is the 2% rule still a popular and good risk-per-trade today?35:56  – Q4; Mark: Would you ever not take a trade because it seems so absurd logically?40:11  – Q5; Frederick: Do you think people are underinvested in CTAs because they want to feel in more ‘in control’ than a systematic approach would allow them to?45:34 – The calculus of business cycles48:51 – Narrative ambiguity versus model clarity50:53 – How to handle depreciating cash54:04 – The power of weather shocks58:01 – Do we need inflation futures?59:58 – Curve play in bonds01:02:11 – Hayek co-ordination problem and recovery01:04:57 – Benchmark performance update01:05:57 – Next week we have Richard Brennan joining us on the show, so send in your questionsCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer

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 info@toptradersunplugged.comAnd 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 - Intro01:28 - A huge thank you to our listeners for leaving 5-star reviews in iTunes02:02 - Macro recap from Niels12:07 - 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 performance58:11 - How newer money managers can differentiate themselves from their competitors01:01:04 - Diversification versus concentration01:05:07 - Benchmark performance updateCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer

Moritz Seibert joins us today discuss the benefits of stripping down your trading approach as much as possible, the various ways to exit a hugely profitable trade, the different forms of research related to your investing approach, simplification vs over-complication, the acceptable amount of margin per trade, spread-betting using a Trend Following strategy, and if you should trade all markets the same way or tailor to each market accordingly.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn this episode, we discuss:The benefits of simplifying your trading approach as much as possibleOptimal exits from hugely profitable tradesHow to engage in related to your investment approachOver complicating a trading strategyAcceptable margin amountsSpread-trading using a Trend Following strategy-----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 info@toptradersunplugged.comAnd 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 Moritz on Twitter.Episode TimeStamps:00:00 - Intro02:28 - Macro recap from Niels03:53 - Weekly review of returns11:01 - The commodities reflation trade and Moritz’s trade in Lumber14:32 - Q1 & Q2; Andreas: How do you justify your fee structure?  What long-term returns should we expect from a short-term CTA? At what point does enhancing a strategy become over-complicating it?29:20 - Q3; Mark: What are some of the best look back periods?34:13 - Q4; Frank: Do CTAs place any importance on the Commitment of Traders report?41:14 - Q5; John: What is a normal amount of margin that CTAs use?42:30 - Q6, Q7 & Q8; Babek: Should you trade all markets using the same approach? How do you deal with downside risks once a large profitable uptrend is established? Should position size be increased if the number of open trades is less than the maximum?01:01:56 - Benchmark performance updateCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer

We’re joined today by Rob Carver to discuss why investors worried about inflation need to be invested in Trend Following strategies, the Russell 2000 being mainly comprised of companies that are losing money, long and short positions when Trend Following on ETFs, the difficulties in combining simple methods into a balanced and profitable system, open trade equity risk and if it can predict future returns, the perils of over-optimisation, embracing the mindset of Trend Following, and the results of an experiment where retail investors traded the same stocks as a professional fund, leading to different outcomes.You can read some of Rob’s work here.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn this episode, we discuss:Trend Following as a solution to rising inflationThe major stock indices being of composed of mainly companies are losing moneyTrend Following on ETFsPredicting future returns using current risk exposureRetail traders versus professional money managers-----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 info@toptradersunplugged.comAnd 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 Rob on Twitter.Copyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer

Mark Rzepczynski returns this week to discuss the recent decline in commodity prices, perceived hawkish comments from the Federal Reserve, trading narratives versus trading price action, the feasibility of Trend Following on options, the increased time & labour of short-term trading, the benefits of huge sample sizes, the differences between trading single stocks versus index futures, how investing rules offset our natural human tendencies, whether Technical Analysis contributes to typical Trend Following strategies, and Mark explains the ‘3 D’s’ of inflation.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn this episode, we discuss:Commodity prices falling, even after recent inflation fearsHow price action incorporates all narrativesTrend Following on optionsThe extra costs of short-term tradingSingle stocks versus index futuresIf Technical Analysis forms part of a typical Trend Following systemMark's '3 D's' of inflation-----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 info@toptradersunplugged.comAnd 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 Mark on Twitter.Episode TimeStamps:00:00 – Intro01:37 – A big thank you to listeners of the show for leaving your 5-star reviews on iTunes02:32 – Macro recap from Niels06:19 – Weekly review of performance16:53  – Q1; Omar: Why is Trend Following associated mostly to futures?31:32  – Q2; Mohammed: How do I overcome a lack of patience and discipline?35:33  – Q3; Abishek: How does Technical Analysis relate to Trend Following?39:43 – Predicting market reactions to Federal Reserve announcements56:26 – How price moves change narratives and not the other way around01:00:16 – The ‘Three D’s’ of inflation01:05:33 – When is the best time to invest in Trend Following?01:11:29 – Benchmark performance update01:12:52 - Recommended listening or reading this week: The Half Life of Facts by Samuel Arbesman and The Premonition by Michael LewisCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer

Jerry Parker joins us on the show today to discuss why CTAs could be mistaken in excluding single stocks from their strategies, the possible benefits of having exposure to multiple trading systems, why price action is more important than predictions derived from fundamentals, recommended books for learning about Trend Following, the differences between paper-trading and disciplined execution of real trades, comparing Bitcoin futures to commodity futures, and the extent of simplicity a good trading system should have.-----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 info@toptradersunplugged.comAnd 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 - Intro01:29 - Macro recap from Niels08:01 - Weekly review of returns and the narrative change around Bitcoin19:01 - Q1; Omar: What books do you recommend for Trend Following educational material?27:52 - Q2; Jacob & Sam: Can Bitcoin futures be traded safely even though you can’t trade them over the weekend?35:40 - Q3; Mark: Could Chesapeake and Dunn Capital trade as an ETF to allow more people exposure to their strategies?44:22 - Q4; Vinicius: What are your thoughts about Trend Following on single stocks?50:08 - Q5; Antonio: Should we be less diversified and more concentrated with our trades?01:03:39 - Why having rules isn’t enough to justify a robust trading system01:15:24 - Thoughts on measuring skew01:19:05 - Benchmark performance updateCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer

Guest Eric Crittenden, an expert in managed futures and portfolio management, discusses the fallacy of the 60/40 portfolio, the Federal Reserve's tightening fiscal policy, the different speeds of Trend Following, the difficulty in going against our instincts, the benefits of managed futures in portfolios, the flight out of fixed income, and the potential of Trend Following in the crypto space.

What happens when an unexpected major event occurs and all of your supposedly diversified investments suddenly become correlated, before heading sharply to the downside?  Jason Buck and his partner at Mutiny Fund have been thinking about this question for a long-time, and have created a portfolio designed to protect against these ‘Black Swan’, high-volatility events.  Jason has been a long-time listener of the show, so it was only right that I invited him on to discuss some of the methods and thinking behind Mutiny Fund, and how these approaches can provide protection and profits during all market environments.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn This Episode, You’ll Learn:How Jason got to where he is todayIf the initial risks Jason set out to protect his clients against, have changedWhy CTAs could be considered ‘long-volatility’ assets that provide protection during broad market selloffs such as 2020The benefits of ‘ensemble’ investingThe opposite requirements of building wealth versus keeping wealthWhy a sample size of 100 years is still just an anomalyWhy the typical ‘diverse’ portfolio might be riskier than investors realiseWhat a ‘long-volatility’ asset looks likeThe history of long-volatility assetsThe term ‘crisis alpha’ and what it means to him and his clientsHow to overcome the challenges of educating investors about volatility-event risksWhether the addition of long-volatility components to portfolios today has affected his initial approachWhy the Sharpe Ratio is often misunderstood as a risk measurement toolHow much, and why, returns vary among different long-volatility managersHow to approach position sizing with black swan events in mindSome of the common investor mistakesHow to choose between different Trend Following managersHow to create a strategy for inflationary and deflationary environmentsIf less-liquid assets can be safely incorporated into a portfolioHow to analyse backtests properlyIf Jason uses Gold and Bitcoin in his long-volatility strategiesWhat keeps Jason up at night in terms of risks-----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 info@toptradersunplugged.comAnd 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 Jason on TwitterCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer

Rob Carver is on the show with us today to discuss why Elon Musk & the Chinese government might be proving that Bitcoin may not be as decentralised as first assumed, whether you should adjust your system according to the instrument being traded, some processes for reinvesting profits into your portfolio over time, thoughts on position sizing, different ways of defending against inflation, if short-term Trend Following may actually be as good as long-term Trend Following, and the sweet spot for number of different futures contracts a good system should trade.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HEREIn this episode, we discuss:If Bitcoin is really as decentralised as it's reputed to beAdjusting your system on an individual trade basisWhat to do with your trading profitsDefending against inflationShort-term Trend Following versus long-term Trend Following-----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 info@toptradersunplugged.comAnd 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 Rob on Twitter.Episode TimeStamps: 00:00 - Intro01:33 - Macro recap from Niels04:02 - Weekly review of returns12:15 - Rob’s decision to trade Bitcoin futures21:28 - Why Bitcoin may not be so decentralised38:05 - Q1; Dan: Do you think fitting by instrument makes sense for intraday Trend Following?48:43 - Q2; John: Why does Rob only allocate part of his profits back into his portfolio?57:19 - Q3; Peewee: If Rob could only trade 5 or 6 futures markets, which ones would he pick?01:02:54 - Q4; Saed: Do you prefer keeping position size constant across all trades, or adjusting according to volatility?01:06:38 - Financial Times article: ‘How to Defend Against Inflation’01:13:47 - Check out the new episode from the Top Traders Unplugged series, coming out soon01:14:22 - Article from FactorResearch: ‘Short vs Long-Term Trend Following’01:20:26 - Benchmark performance update01:21:27 - Recommended listening or reading this week: Mark Rzepcynski's blog post on commodity prices during inflationary periods, Nikhil Shamapant on the Hidden Forces Podcast & Josh Rogin on the Joe Rogan Podcast01:26:54 - Next week, special guest Eric Crittenden joins us on the showCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer