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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This should include, the Wiley title sand the specific portion of the content you wish to re-use e. Well, I’m guessing they’re no longer reading, so let’s get down to the real deal.

Curve fitted, to realize past performance is unreal due to diminishing returns. Although the algorithms are basic, they show what is possible for this tredn. Counter intuitive isn’t it?

They wouldn’t have been on your radar when tje had those returns. If you’re willing to adapt your models and do something closer to momentum trading, you’ll do just fine. Investigate what works and how it works.

There are a few key differences, that require you to adjust your expectations and approach. Most trading models I see are fpllowing an important concept. I bet you’re wondering about the title of this article. As someone who has designed these types of systems, it is absolutely clear to me that Clenow writes as a knowledgeable practitioner, not an armchair theoretician.

Trend Following Doesn’t Work For Stocks

For me the essence is in the simple guidelines shared. X To apply for permission please send your request to permissions wiley. People who say that you should apply standard trend models on stocks also tend to be the people who lacks experience with professional trading or quant modeling but don’t let that stop them from selling defunct trading system to unsuspecting retail traders at a few thousand bucks a pop.


There are no discussion topics on this book yet. January 14, Premium 14 Comments 10, Views. Yet I left it all behind and took a chance on something new and unknown. I can assure you that real hedge funds are a little more sophisticated and are fully aware of the special situation in stocks.

Roger rated it it was amazing Oct 17, Standard trend models don’t. These traders are highly secretive about their proprietary trading algorithms and often employ top PhDs in their research teams. Zhe rated it it was amazing Jun 08, Unlike so many other books, this doesn’t leave you with a sense of some further secr Probably the most complete book on futures trading I’ve read. Return to Book Page. Written by experienced hedge fund manager Andreas Clenow, this book provides a comprehensive insight into the strategies behind the booming trend following futures industry from the perspective of a market participant.

Released in JuneStocks on the Move is now available in paperback and Kindle. 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.

Following the Trend: Diversified Managed Futures Trading

July 6, Premium 3 Comments 4, Views. Most trading books skip over it. Flolowing are a very homogeneous group. He specialises in developing and trading quantitative strategies across all asset classes. How do I know that standard trend following does not work on stocks? It’s dangerous to view yourself as a trend follower. Hardcoverclenoq Editionpages. Prior to his role as a hedge fund trader he had a lightning career with Reuters, where he, as Global Head of Equity and Commodity Quant Modelling, was one of the youngest ever in such a role.


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

Following the Trend explains why most hopefuls fail by focusing on the wrong things, such as buy and sell rules, and teaches the truly important parts of trend following. Please read our Privacy Policy.

Yet, it is possible to replicate their trading performance with relatively simplistic models. It breaks down in fine detail on the core principles of Diversified Trend Following.

These traders are highly secretive andreax their proprietary trading algorithms and often employ top PhDs in their research teams. Diversification becomes much less important.

June 2, Premium 6 Comments 11, Views. Obviously focused on trend following, building up a simple mechanical trend following approach, which, applied to a diversified portfolio, accounts for the performance of the most lionised of traders.

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