My guest today is Christopher Cruden, Cruden has been in the trend following space for over 25 years. In 1988 he became a Director of Adam, Harding and Lueck Asset Management Ltd (AHL) in London, a famed trend following shop. He is currently the head of Insch Capital Management.
The topic is Trend Following.
In this episode of Trend Following Radio we discuss:
- Why price is an unimpeachable fact
- Early "lightbulb" moments that brought Cruden to the style of trading he practices today
- The notion of going currency only
- Why Cruden's program is akin to a raincoat in bad weather
- Riding increased volatility and increased directional trending
- Getting clients to understand that you cannot force a system to make money
- Benchmark selection and time period selection
- Why the S&P 500 is a trading system; performance drivers
- The duration of trades
- Why if you can't measure it, you can't manage it
- How Cruden's strategy would change if Europe reverted back to before the introduction of the Euro
- How markets teach humility
- Why Cruden only trades once a day
Jump in!
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I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.
To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/
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