SI95: Jim Simons quotes on overriding your system and how to size your positions ft. Moritz Seibert

Published: July 6, 2020, 4:57 a.m.

b'This week, we give our thoughts on the inaccuracies of CTA replicator models, static risk versus dynamic risk, ways to approach variable position sizing, the power of a system being \\u2018good enough\\u2019, Jim Simon\\u2019s quotes on overriding your systems, and the recent accusation that CTAs are driving the stock market upward. Questions answered this week include: What elements of my trading system should I look to expand, if it\\u2019s going well? Can I diversify using stock sectors only? What are your thoughts on Volatility Targeting? \\nIf you would like to leave us a voicemail to play on the show, you can do so here.\\nLearn more about the Trend Barometer here.\\nIT\'s TRUE - most CIO\'s read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here.\\nAnd you can get a free copy of my latest book "The Many Flavors of Trend Following" here.\\nSend your questions to info@toptradersunplugged.com\\nFollow Niels & Moritz on Twitter:\\n@TopTradersLive, and @MoritzSeibert,\\nAnd please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast.\\n\\t\\n\\t\\nEpisode Summary\\n0:00 - Intro\\n1:16 - Global macro review\\n4:04 - Weekly review of returns\\n7:41 - The inaccuracies of typical CTA replicator models\\n22:28 - Jim Simons quotes on overriding trading models\\n24:34 - Question One; Will: So far, my trading system is successful, and I am looking to expand it. Should I expand it to include an additional look-back period, market(s), or trading strategy? Could you recommend any reliable data sources?\\n31:57 - Question Two; Abishek: Can I diversify using different stock sectors only?\\n35:28 - Question Three; Noah: What are your views on Volatility Targeting?\\n47:57 - Performance recap\\n\\tSubscribe on:'