Editorial Reviews. Review. “Following the Trend is an absolute must read for anyone with an Follow the Author. Andreas Clenow. + Follow. Andreas F. Clenow. ISBN: pages. January Following the Trend: Diversified Managed Futures Trading () cover. Andreas Clenow. · Rating details · ratings · 10 reviews. During bull and bear markets, there is a group of hedge funds and professional traders which.

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Lists with This Book. Although the algorithms are basic, they show what is possible for this approach. January 14, Premium 14 Comments 10, Views.

You do not have a pool of cash anymore to be placed in govvies.

That’s not an advisable course of action. Dec 17, Ha Truong rated it really liked it Shelves: A massive simplification of the real world. Applying standard trend following models on single stocks is dumb.

In a bear market they all go down. And besides, just look at the syntax!

Wiley Trading

They will all go up and down at the same time with some small variation. In what now seems like a past life, I had a cushy management career with a large financial data provider. You end up mainly trading beta anyhow. Published by Andreas Clenow – For informational purposes only – No investment advice or solicitations are provided. Momentum strategies provide a solution and a much higher success probability than trend following. Trade fewer stocks with larger positions.


It breaks down in fine detail on the core principles of Diversified Trend Following. Want to Read Currently Reading Read.

Following the Trend: Diversified Managed Futures Trading

Grounded in verifiable evidence. As you start entering shorts on new lows, clrnow stocks tend to make huge, albeit temporary, jumps up. Curve fitted, to realize past performance is unreal due to diminishing returns.

July 6, Premium 3 Comments 4, Views. Trend following is all about following the price. There’s a good reason why most professionals who apply models similar to trend following to stocks call them momentum models.

Andreas Clenow – Following the Trend

Religious dogma about a trading methodology is not helping anyone but system salesmen. Do you want to become a professional trader?

It also has no stops and no targets. No out of sample testing and other important parameters. Replace it with a short index overlay if hhe have to. You can’t keep going long in a bear market and expect to gain. Jay rated it really liked it Apr 20, Perhaps the new RightEdge plugin for They have shown remarkable uncorrelated performance and in the great bear market yrend they had record gains.

I’ve arrived at models that work and models that don’t. Jun 28, Tadas Talaikis rated it did not like it. Ajusal Sugathan rated it it was amazing May 14, Trading everything from the Nasdaq index and T-bills to currency crosses, platinum and live hogs, there are large gains to be made regardless of nadreas state of the economy or stock markets.


Most people simply ignore the difficult parts and hope for the best. I wouldn’t even try to adreas that moving average strategies are dumb, and if so much funds use them it only shows what idiotic place we’re in where idiots “manage” money and pretend to be kings of the world.

Following the Trend: Diversified Managed Futures Trading – Andreas F. Clenow – Google Books

These traders are highly secretive about their proprietary trading algor During bull and bear markets, there is a group of hedge funds and professional traders which have been consistently outperforming traditional investment strategies for the past 30 odd years.

Return to Book Page. March 13, Articles 5 Comments 18, Views. Hedge funds certainly don’t run standard trend models on single stocks, though the often simplify the marketing pitch by calling it trend or momentum strategies. Yet, it is possible to replicate their trading performance with relatively simplistic models. I was doing well, advancing fast in the company. Stocks have many unique properties that must be taken into account.