42 The Systematic Investor Series ft Salem Abraham – July 1st, 2019

Published: July 1, 2019, 8:08 p.m.

Today we’re joined on the show by Salem Abraham, a legendary Trend Follower, and President of Abraham Trading Company based in Canadian, Texas.  We discuss if Bitcoin has any real value, how Jerry Parker influenced Salem early in his career (and how he was able to help Jerry), why we don’t need to understand the reasons for a price going up, how looking at your returns too often can affect your performance, if Stanley Druckenmiller and David Harding are right about the effectiveness of Trend Following in today’s markets, and how being exposed to a variety of markets can reduce risk in a portfolio.  Questions answered include: what is Salem’s preferred timeframe to trade in?  Why is there such an increase in Return Dispersion among Trend Following funds today, compared to a while ago? What are Salem’s thoughts on High-Frequency Trading, Electronic Trading, and Arbitrage?  Will Trend Following ever become too over-crowded? You can download your free guide to Systematic Investing, and subscribe to our mailing list by visiting TopTradersUnplugged.com Get a free copy of my latest book "The Many Flavors of Trend Following" here. Send your questions to info@toptradersunplugged.com Follow Niels, Jerry & Moritz on Twitter: @TopTradersLive, @RJparkerjr09 and @MoritzSeibert And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Episode Summary • 0:00 - Intro • 2:45 - Weekly review including Salem’s thoughts • 15:35 - Salem describes his background and discussion ensues • 47:00 - Top tweets • 1:09:30 - Question: What do you think about the markets being made up of more computers (vs humans)? • 1:30:15 - Performance recap Subscribe on: