TTU26: The Most Repeatable Trading Method Ever Invented ft. Scot Billington 2of2

Published: Aug. 28, 2014, 6:18 a.m.

b'

Welcome back to the second part of our interview with Scot Billington of Covenant Capital Management.

In this episode, Scot delves into the practice of trend following and why it is a great model to follow. He also discusses tips for beginning traders and investors, and advice for those who wants to start a firm. Thank you for listening to Part 2 of our conversation with Scot Billington.

-----

EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder Tool

In This Episode, You\\u2019ll Learn:

  • The story of Scot\\u2019s childhood obsession with mathematically based, but unknown future outcomes.
  • The discipline required to follow a mathematical model.
  • The advantages of trend-following and why the media reports that \\u201cTrend Following is Dead\\u201d every few years.
  • Scot\\u2019s philosophy on position sizing.
  • How every sector in the market is highly correlated.
  • Getting comfortable with taking risks: they exist and it is impossible to avoid them.
  • The Barbell strategy: have very little money at risk, but the money that is at risk is in the most aggressive things that it can be.
  • The biggest mistake that allocators make.
  • How Scot conducts research for Covenant Capital.
  • Why he is based in Nashville and how he overcomes the challenge of asking investors to buy into the long time-frame.
  • Finding your niche as a boutique firm.
  • Advice for managers wanting to start firms today.

-----


Resources & Links Mentioned in this Episode:


Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.

IT\\u2019s TRUE ? \\u2013 most CIO\\u2019s read 50+ books each year \\u2013 get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.

And you can get a free copy of my latest book \\u201cThe Many Flavors of Trend Following\\u201d here.

Learn more about the Trend Barometer here.

Send your questions to info@toptradersunplugged.com

And please share this episode with a like-minded friend and...'