Stories for Traders: A Trend followers’ journey through it all with Andrew Strasman of Totem Asset Group - a podcast by RCM Alternatives

from 2023-04-13T18:31:24

:: ::

Have you ever wondered how successful traders make their fortunes in the markets? In this episode of The Derivative Podcast, we explore the world of trend following with a master in the field, Andrew Strasman. Here first-hand about his journey as a trend follower, from his early days in the trading pit to his experience in the real estate market and the birth of high-frequency trading.


Throughout the discussion, Jeff and Andrew talk about the importance of risk management, position sizing, and having a stop order in place. We'll also dive into the problem of shorting cryptocurrencies and trying to predict market winners.


Uncover the significance of monitoring trades from inception to conclusion and implementing stop orders, and delve into the no-nonsense approach towards the financial crisis of 2008, the global impact of central bank digital currency, the utilization of CTA indices, the methods by which conventional trend followers generated alpha, and a plethora of other captivating topics — SEND IT!


Chapters:


00:00-01:29=Intro


01:30-12:52= The turtle Quiz & Skiing creekside


12.53-36:47= First taste of Trend Following, Board of Trade shenanigans, early days of high-frequency trading


36.48-54:00= A French Trading company, DRW days & You vs. Yourself


54:01-01:19:53= Earning your stripes, 40in20out: importance of stop-orders & your pure dollar at risk


01:19:54-01:30:58= Totem: the spark between boldness & humility / Central Bank high jinx


01:30:59-01:46:26= Vol targeting: Last year’s darling is this year’s heel & Side-stepping Trend Following




Check out Andrew's websites for more information at totemasset.com & 40in20out.com & follow along with Andrew on LinkedIn for all the latest news.


Don't forget to subscribe to ⁠⁠⁠The Derivative⁠⁠⁠, follow us on Twitter at ⁠⁠⁠@rcmAlts⁠⁠⁠ and our host Jeff at ⁠⁠⁠@AttainCap2⁠⁠⁠, or ⁠⁠⁠LinkedIn⁠⁠⁠ , and ⁠⁠⁠Facebook⁠⁠⁠, and ⁠⁠⁠sign-up for our blog digest⁠⁠⁠.


Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visit ⁠⁠⁠www.rcmalternatives.com/disclaimer







Further episodes of The Derivative

Further podcasts by RCM Alternatives

Website of RCM Alternatives