TTU53: Trend Following vs. Trend Capturing ft. Tim Pickering of Auspice Capital Advisors 1of2

Published: Dec. 22, 2014, 6:33 a.m.

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What is the difference between simply following a trend and capturing it? Why is growth not consistent and gradual and why do we want it to be?

Learn answers to these questions and more in this week\\u2019s episodes. Niels chats with the founder of a seasoned trend-follower in Canada, who knew he wanted to go into the financial markets since his university days. His story of working for large investment banks to starting his own firm will inspire current managers and hopeful managers alike.

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In This Episode, You\\u2019ll Learn:

  • Why Tim tries to get away from being labelled as one thing or another.
  • About growing up on a farm in Canada.
  • How he knew he wanted to be a trader.
  • How his experience in the energy markets affected the way he ran his business when he started it.
  • Why discipline is so important for the kind of manager that Tim is.
  • Why he has stuck with the theme of trading commodities.
  • What Tim does when he is not running Auspice.
  • The difference between following a trend and capturing a trend.
  • How growth is not slow and steady.
  • An overview of the products that Auspice runs.
  • Why they launched a beta product after launching their flagship product.
  • The history of how Tim grew Auspice with his business partner.
  • How he chose to structure his business.
  • How a small team can deliver the same value as a larger manager.
  • What people should notice when looking at the track record of Auspice.
  • What the Diversified Program does.
  • How many markets he actually trades.
  • Why position resizing is important.

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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

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