194: “How to improve trend following performance” – David Lundgren

Better System Trader

This podcast episode challenges the prevailing notions surrounding momentum investing, asserting that its success isn't derived from reliable signals, but from a favorable statistical distribution that fosters positive outcomes. Dave emphasizes a strategic blending of momentum within a trend-following framework, highlighting that understanding market regimes is vital for effective trading decisions. He champions trend following as a perpetual strategy worth adopting while advocating for a disciplined, systematic approach to discretionary trading. By embracing market cycles and learning from historical masters, traders are encouraged to maintain a long-term perspective and cultivate the crucial skill of self-reflection.

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