Editorial Reviews. Review. “Following the Trend is an absolute must read for anyone with an Follow the Author. Andreas Clenow. + Follow. Andreas F. Clenow. ISBN: pages. January Following the Trend: Diversified Managed Futures Trading () cover. Andreas Clenow. · Rating details · ratings · 10 reviews. During bull and bear markets, there is a group of hedge funds and professional traders which.
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They have shown remarkable uncorrelated performance and in the great bear market of they had record gains.
Don’t trade the stocks you read about in the news or heard about from your friends. The book mainly adresses do-it-yourself hobby investors who are not afraid to do some coding and data analysis and turn into professionals.
Andreas Clenow – Following the Trend
You are in for a potentially highly profitable roller coaster ride with this hard and honest look at the positive as well as the negative sides of trend following. Preview — Following the Trend by Andreas Clenow. June 2, Premium 6 Comments 11, Views. That can be ok, but if you’re under the delusion that you’re a great stock picker for buying high beta stocks in a bull market, you’re in for a nasty surprise when the bull leaves the field.
Applying classic trend following models to stocks is very dangerous. Curtis rated it liked it Jul 01, This argument concentrates on the position level, and on the pro side we’re just concerned with portfolio level results.
Following the Trend
He speaks clearly about the advantages and disadvantages of investing in futures as well as the pitfalls. Rebalance your position sizes.
After all, I do employ quantitative models based on trend following logic on single stocks in quite large scale myself in my business.
Not that it’s necessarily lower, that’s not the point. March 13, Articles 5 Comments 18, Views.
Trend Following Doesn’t Work For Stocks
In what now seems like a past life, I had a cushy management career with a large financial data provider. Where most trend following books speak in general terms about how a strategy like this works, this book walks you through all the steps and pitfalls of developing and living through a trend based futures strategy.
Perhaps the new RightEdge plugin for Sriram rated it liked it Aug 31, Hardcover1 Editionpages. For me the essence is in the simple guidelines shared. It doesn’t matter whether you use breakout channels, moving averages or other indicators. While each of us has to make their own journey, the guidelines are useful.
February 24, Premium 2 Comments 13, Views. Stocks are a very homogeneous group. Diversification becomes much less important.
Ajusal Sugathan rated it it was amazing May 14, Rafael Martin Ponte rated it really liked it May 21, August 3, Premium 6 Comments 9, Views. I was doing well, advancing fast in the company. I wouldn’t even try to argue that moving average strategies are dumb, and if so much funds use them it only shows what idiotic place we’re in where idiots andread money and pretend to be kings of the world.
The book is at the same time comprehensive and easy to read. Very good book about trend following. You do not have a pool of cash anymore anxreas be placed in govvies.
Books by Andreas Clenow. Modelling strategies on equities properly require total return series and dividends details. Claus Herther rated it it was amazing Nov 22, July 6, Premium 3 Comments 4, Views. The short side of the single equity game is a veritable nightmare for standard trend following models. These traders are trend following cross asset futures managers, also known as CTAs.
August 25, Premium 12 Comments 13, Views. Simon rated it it was amazing Feb 28, Please Login to view this content.
Toggling parameters up and down won’t help. I’ve modelled thousands of iterations of trend following models on every major index in the world.
As someone who has designed these types of systems, it is absolutely clear to me that Clenow writes as andreaas knowledgeable practitioner, not an armchair theoretician. The most common arguments for applying standard trend following models on stocks is based on anecdotal evidence and classic fallacies.
This is a professional book written by a Futures Fund Manager for anyone who is looking to start their own Fund.