SI79: A historical volatile week put into perspective ft. Robert Carver

We’re joined on the show today by special guest Robert Carver, to discuss another historically volatile week in the markets, the differences between today’s bear market and 2008, how Robert defines portfolio diversification, how many markets a profitable Trend Following system should trade, the different types of strategies that Robert currently uses, the amount of truly uncorrelated assets available, and volatility scaling as a part of risk management. Questions answered this week include: What causes you to modify your system over time, and how do you go about this? What have you learnt from trading through previous crisis periods? What are your thoughts on AI technology?

-----

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.com

And 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 Rob on Twitter.

Episode TimeStamps:

00:00 – Intro

01:09 – Macro recap from Niels

04:03 – Weekly review of performance

08:09 – Niels: How have you dealt with the recent volatility?

19:44 – Niels: What does diversification mean to you?

28:35 – Niels: How many markets can be considered too many for a diversified Trend Following system to trade?

41:10 – Moritz: What type of different strategies do you currently trade?

46:27 – Niels: What has helped you to do well during recently, especially during the recent market turmoil?

51:17 – Niels: Why have you chosen to trade different markets differently, rather than treating all markets the same?

01:03:18 – Seth; Question 1: How do you incorporate correlations into building a Trend Following program?

01:09:40 – Moritz; Question 2: What causes you modify your system over time, and how do you go about this?

01:14:37 – Niels: What, in your opinion, is a good risk management framework? What have you learnt from trading previous crisis periods?

01:22:09 – Niels: What are your thoughts on AI technology?

01:27:20 – Moritz: What are your thoughts on the possibility of Trend Following becoming too crowded?

01:36:12 – Benchmark performance update

Copyright © 2025 – CMC AG – All Rights Reserved

----

PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:

1. eBooks that cover key topics that you need to know about

In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here

2. Daily Trend Barometer and Market Score

One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here

3. Other Resources that can help you

And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here

Privacy Policy

Disclaimer