In this week’s episode, we discuss the recently published book on Jim Simons & Renaissance Technologies, why you shouldn’t be too focused on one position, why it can be difficult to avoid overriding your system based on recent fundamentals, what investors can learn from the world’s best Poker players, and why luck should only be the result of following your edge.  Plenty of questions answered this week including: Should you add to winning positions?  Do you only trade Breakouts or do you also use indicators?  Does less volatility mean more robustness?  Do you trade ETFs?


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). 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 https://www.toptradersunplugged.com/Ultimate (here). And you can get a free copy of my latest book “The Many Flavors of Trend Following” https://www.toptradersunplugged.com/flavor (here). Learn more about the Trend Barometer https://www.toptradersunplugged.com/resources/market-trends/ (here). Send your questions to info@toptradersunplugged.com And please share this episode with a like-minded friend and leave an honest Rating & Review on https://www.toptradersunplugged.com/reviewttu (iTunes) or https://open.spotify.com/show/2OnOvLbIV3AttbFLxuoaBW (Spotify) so more people can discover the podcast. Episode TimeStamps: 00:00 – Intro 00:50 – Live event review 02:45 – Weekly review of performance 10:40-  Voicemail from Jim 13:20 – Top tweets 36:05 – Question 1: Matt; Do you use indicators beyond price action and new highs/lows? 42:00 – Questions 2/3: James; How do you calculate sample size? Does each lookback window need to be treated independently or should risk be managed in aggregate? 51:40 – Questions 4/5: Brian; Why are more volatile systems considered more robust? Does lower volatility lead to better compound returns? 01:06:40 – Question 6: Gaetano; Do you trade ETFs? 01:10:00 – Benchmark performance update 01:11:00-  Ray Dalio discussion Copyright © 2022 – CMC AG – All Rights Reserved


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