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Mark Rzepczynski joins us this week to discuss ‘algorithm aversion' and the science of how ‘model anxiety' shows investors to be naturally wary of rules-based systems. We also discuss how to evaluate momentum data, how a busy week for market news can still be a quiet week for Trend Followers, the benefits of moving away from ‘peak complexity' as soon as possible, why having too many filters can expose a trader to large opportunity costs, the optimal percentage amount of risk per trade, as well as portfolio construction versus signal generation and which is more important. In this episode, we discuss: How behavioural finance leaves investors under-allocated to Trend Following strategies How to perceive momentum data Why the steady flow of market news often has little value for Trend Followers Embracing simplicity The need to avoid too many filters in your system How much should be risked per trade Follow Niels on https://twitter.com/toptraderslive (Twitter), https://www.linkedin.com/in/nielskaastruplarsen (LinkedIn), https://www.youtube.com/user/toptraderslive (YouTube) or via the https://www.toptradersunplugged.com/ (TTU website). Follow Mark on https://twitter.com/mrzepczynski (Twitter). IT's TRUE
Mark Rzepczynski joins us this week to discuss ‘algorithm aversion' and the science of how ‘model anxiety' shows investors to be naturally wary of rules-based systems. We also discuss how to evaluate momentum data, how a busy week for market news can still be a quiet week for Trend Followers, the benefits of moving away from ‘peak complexity' as soon as possible, why having too many filters can expose a trader to large opportunity costs, the optimal percentage amount of risk per trade, as well as portfolio construction versus signal generation and which is more important. You can find Mark's latest writings here. If you would like to leave us a voicemail to play on the show, you can do so here. Check out our Global Macro series here. Learn more about the Trend Barometer here. IT's TRUE
WE ARE LIVE!!!!On this weeks show:Is the fairytale over for Frank?What’s happened to Wonderkid Moise Kean in “What Are Everton?”And the fallout of the Champions League and Europa League draws for our British clubs.Stalkers Recording/ Rehearsal Studio Northampton The Mailcoach McHale's Bar & Grill
Clare Bowditch is an ARIA-award winning singer, actress and storyteller, who has touched hundreds of thousands of lives with her heart-stirring work.Clare is as beloved as she is successful because she embodies a way of being in the world that is both bold and brave, and beautifully vulnerable.And it’s this vulnerability that is one of her most treasured gifts. It’s evident within her songs, and now it’s laid bare in her new book, Your Own Kind of Girl, which details her struggles with her very loud, very destructive inner critic, who has threatened to keep her life very, very small.This conversation is for anybody who has an inner critic of their own, who has times where they struggle to believe in themselves, who sometimes has dark days, and yet despite all this knows deep deep down that they are worthy and capable of having an amazing life.Our conversation covers:- Clare’s playful way of working with her inner critic, called Frank- What happens with complex grief and the creative life- Her breakdown (dubbed a "break through” by her psychologist) and recovery- The practical, brilliant and surprising resources that have supported her to live her own amazing life todayEnjoy!
Topics this week include: Equities Crude Oil Ags/Corn Metals FUTURES OPTIONS FEEDBACK Question from Bilcan - Why no $BTC opts yet? Question from CL Dance - Why is S&P volatility the only one most people pay attention to? Question from Frank - What do you guys think of this article? Do you ever use the commodity volatility indices in your analysis? https://www.investing.com/analysis/oil--gold-vs-oil--gold-volatility-indices-200307186. As I've noted recently, the major price resistance and support levels are 80.00 and 60.00, respectively. Corresponding to those are the major ratio resistance and support levels of 3.00 and 2.00, respectively. In this regard, it will be important for the ratio to remain above 2.00 and the ratio 5 MA to remain above the 8 MA to confirm an upward bias on oil on this timeframe.
BITCOIN BREAKDOWN What a week! BTC up nearly $1100 from last show ($4127). Bitcoin led the market-wide charge on April 2, surging over 20% in a single hour. Recent Bitcoin activity on Akuna. CME Group Bitcoin Futures reported record trading volume on April 4 - https://cointelegraph.com/news/cme-group-bitcoin-futures-reported-record-trading-volume-on-april-4 Google searches for ‘Bitcoin' hit highest total since November. THE ALTCOIN UNIVERSE Top 10 coins by market cap: Bitcoin, Ethereum, XRP, EOS, Bitcoin Cash, Litecoin, Stellar, Cardano, TRON, Bitcoin SV CRYPTO QUESTIONS Question from WDBL - Will we have weeklies in the Bitcoin options anytime soon? Question from Frank - What do you guys think of this article? Do you ever use the commodity volatility indices in your analysis? - https://www.investing.com/analysis/oil--gold-vs-oil--gold-volatility-indices-200307186 Question from Lebex - Is there some reason why listed #crypto derivatives went on the futures side first? Would have loved to see a security with options listed on it to start as it would be more appealing to a wider audience.
THANKSGIVING 2018 Sunday, November 18, 2018 -- Sermon Questions “WILL YOU PASS THE TEST?” Why did John Blanchard “pass the test”?What is “the test”?Read 1 Thessalonians 5:18. Why does Frank call this “the practical test” of Christianity? What are some good reasons we should thank God? Talk about the story of the Pilgrims. If you had been in their shoes, do you think you would have had a thankful heart? Why or why not? Why is complaining and being negative so detrimental to us? Read Colossians 1:11. What is Joy, according to Frank? What two things are necessary for joy? What is joy’s connection to being thankful?
In this episode of the Dream Loud Podcast we have very special guest Frank Audia, who not only is our pastor, but very dear friend.We attempt to answer the tough questions as we ask Frank:"What is the relevance of church in our age of post-modernism?" "How can we find relevance in our lives and communities?" and,"What role does culture have in spirituality and how do the two influence each other?" His honest, candid, blunt and yet humorous approach to pastoring is a breath of fresh air in a field of work often regarded as stale and antiquated. We hope that you are enlightened by our conversation and are encouraged to find new relevance in your own live and community! Frank is the pastor of City Reach Westmoreland Church located in Greensburg, Pennsylvania. For more information about Frank and his church, please go to westmoreland.cityreachchurch.org
Summary: The lads wrap up semester 6 with all the stuff, you, the fans sent to us throughout the semester as we drink champagne and a few beers. We'll see you after the semester break! In the Studio: Dan Ken Critter Jess Cocktail du Jour: 1. Champagne Royale Champagne and a splash of Chambord 2. Black Velvet (cue the music): Make a black and tan with a stout and bubbly! Quote du Jour: Jim Bennett: I've been up two and a half million dollars. Frank: What you got on you? Jim Bennett: Nothing. Frank: What you put away? Jim Bennett: Nothing. Frank: You get up two and a half million dollars, any asshole in the world knows what to do: you get a house with a 25 year roof, an indestructible Jap-economy shitbox, you put the rest into the system at three to five percent to pay your taxes and that's your base, get me? That's your fortress of fucking solitude. That puts you, for the rest of your life, at a level of fuck you. Somebody wants you to do something, fuck you. Boss pisses you off, fuck you! Jim Bennett and Frank - The Gambler Intro/Outro music from Haggis Rampant’s new album, “Burly!”