SI123: The benefits of NOT taking profits too early ft. Moritz Seibert
In today’s show, we discuss the benefits of not taking profits too early during huge price moves, how a Trend Follower might be trading Bitcoin, if March 2020 may have impacted a Trend Follower’s approach to the markets, why the S&P 500 could be considered just as much of an ‘alternative’ market as Iron Ore, our most memorable trades, Bitcoin as a great diversifier in a Trend Following portfolio, and how a retail trader can gain access to managed futures. Questions we answer this week include: What prompted Moritz to place his Tesla short trade recently, and how did it play out? What are your views on stop-losses?-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books each year – 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 “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Moritz on Twitter.Episode TimeStamps:00:00 – Intro01:40 – Macro recap from Niels05:06 – Weekly review of performance53:15 – Q1; Carlos: Has March 2020 impacted how you view your Trend Following approach?59:14 – Q2; James: Why did Moritz place a discretionary short-trade on Tesla last month? Why does Dunn Capital avoid using stop-losses? What are your most memorable trades?01:12:09 – Q3; Peter: Do you recommend any particular brokers?01:17:30 – Q4; Craig: What are your thoughts on managed futures ETFs?01:20:22 – Benchmark performance update01:21:21 – Recommended listening or reading this week: Macro Voices Podcast ft Art