{"product_id":"following-the-trend","title":"Following the Trend","description":"\u003cp\u003e“\u003ci\u003eFollowing the Trend\u003c\/i\u003e is an absolute must read for anyone with an interest in systematic trend following whether as an investor, trader, or aspiring manager. The book is at the same time comprehensive and easy to read. 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. I admired Clenow’s repeatedly pointing out real life difficulties and drawbacks and his refusal to use optimization or well-chosen examples as virtually all other books of this type tend to do. In short, this is a real life presentation of the subject matter. In one particularly innovative chapter, Clenow creates close replications of some of the best and largest trend-following funds by combining his set of simple, non-optimized rules with variations in portfolio composition and volatility level.” \u003c\/p\u003e\u003cp\u003e\u003cb\u003e— Jack Schwager,\u003c\/b\u003e Author of the \u003ci\u003eMarket Wizards\u003c\/i\u003e and \u003ci\u003eSchwager on Futures\u003c\/i\u003e series, and \u003ci\u003eMarket Sense and Nonsense\u003c\/i\u003e  \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePraise for the first edition\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e“Andreas F. Clenow has written a very unique book that provides a rare insight into how an actual CTA hedge fund manager trades. Backing up all his claims with hard research, he cuts right to the point and educates the reader about how the real value of trend-following futures trading is achieved and how to replicate the success of the major hedge funds. A must read and an essential part of any serious trader’s library!” \u003c\/p\u003e\u003cp\u003e\u003cb\u003e—Carl Gyllenram,\u003c\/b\u003e CEO, Ability Asset Management and Author of the \u003ci\u003eTrading with Crowd Psychology\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e“\u003ci\u003eFollowing the Trend\u003c\/i\u003e truly captures what it is to be a systematic manager day in and day out. It is a must read for someone with ambitions to create his own systematic fund; highly recommended for everyone who is planning to invest in or understand the intricacies of systematic strategies.” \u003c\/p\u003e\u003cp\u003e\u003cb\u003e—Sanjiv Kumar,\u003c\/b\u003e Principal, Fort LP. \u003c\/p\u003e\u003cp\u003e“In this excellent work, Andreas has shed light on some very important and previously undocumented aspects of trend following. This book should be of great interest to Managed Futures managers and investors alike.” \u003c\/p\u003e\u003cp\u003e\u003cb\u003e—Nigol Koulajian, \u003c\/b\u003eFounder, Quest Partners, LLC \u003c\/p\u003e\u003cp\u003e“This is a must-read for anyone involved in trading markets. The thoughtful analysis of how models work and fail will help anyone interested in trading futures. This book adds to the short list of intelligent analysis available for investors to beat the market.” \u003c\/p\u003e\u003cp\u003e\u003cb\u003e—Robert Savage,\u003c\/b\u003e CEO, Track.com \u003c\/p\u003e\u003cp\u003e“If you want to trade professionally by managing other people’s money, then this is one of the first books I recommend that you read.” \u003c\/p\u003e\u003cp\u003e\u003cb\u003e— Van K. Tharp, Ph.D.,\u003c\/b\u003e Author of the \u003ci\u003eTrade Your Way to Financial Freedom, Super Trader\u003c\/i\u003e, and \u003ci\u003eThe Definitive Guide to Position Sizing Strategies\u003c\/i\u003e. \u003c\/p\u003e\u003cp\u003e“Trend following is the largest sub-category of managed futures, driven by the market environment of price persistence. Andreas has taken a complicated topic and provided an insightful viewpoint.” \u003c\/p\u003e\u003cp\u003e\u003cb\u003e— Mark H. Melin,\u003c\/b\u003e Author of the \u003ci\u003eHigh-Performance Managed Futures\u003c\/i\u003e and Editor of \u003ci\u003eOpalesque Futures Intelligence\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e“A no- nonsense view into the real world of trend following and how it can be done.” \u003c\/p\u003e\u003cp\u003e\u003cb\u003e—Kathryn M. Kaminski, PhD,\u003c\/b\u003e CIO and Founder, Alpha K Capital\u003c\/p\u003e","brand":"Andreas F. Clenow","offers":[{"title":"Default Title","offer_id":42859988090941,"sku":"9781119908982","price":98.96,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0597\/7689\/2989\/files\/9781119908982_2d050681-2229-4d01-9ad8-89d990647f94.jpg?v=1767070571","url":"https:\/\/www.palmleaf.com.au\/products\/following-the-trend","provider":"Palmleaf","version":"1.0","type":"link"}