Learn to Love your Trading System | with Jerry Parker

We continue our conversation with Jerry Parker the founder of Chesapeake Capital and widely known as the most successful Turtle ever.
In this episode we discuss the evolving CTA industry and the story of Chesapeake. It’s a powerful story from one of the most successful people in the industry. We really hope you enjoy it.
You can check out PART 1 of this interview right here: • Lessons From the Most ...
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You can check out the all of the notes and full transcript of this episode right here:
www.toptradersunplugged.com/014/
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In This Episode, You’ll Learn:
How the research and complexity of systems has a backwards effect to making money.
Challenges with entering stock markets with CTA strategies.
Where the CTA managers have failed investors.
Why markets have changed so that longer term focus has proven more successful.
Learn about the philosophy of “The Markets are the Heroes”.
Important lessons from a long, successful career in the CTA industry.
What is it that keeps investors from Turtle CTAs and choose larger financial organizations.
Why we see a skewed distribution towards profitability of long side trades and short side trades.
The key legacy traits left behind by the Turtles and if the experiment could be replicated now
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[@kmerr98277]

Risk parity/Position Sizing 5:15
What should investors be asking you, but they never do? 7:40
How do you handle emotions during draw downs? 13:07
Have you evolved away from what Richard Dennis taught you? 15:25
What has changed in the markets that has made you become longer-term? 17:54
Market Diversification 21:00
What are the most important things you have learned over your career? 26:25
Why are long trades better than short trades? 32:15
How has the industry benefited from the Turtles and could the experiment work today? 37:11
What does it take to become a great trader? 42:20
Lack of Discipline 47:23
As a Turtle, did you take all entry signals or were there times you didn't? 49:47
Do you have any personal habits that have aided your success? 53:24
If you started over today is there anything you would do differently? 56:29
What would you ask one of your peers? 1:00:50
Is there anything we have missed that you would like to discuss? 1:05:30

[@phenyomolefe4162]

Yet another great installment with Jerry, thank you for sharing this 🙏

[@innvestor4622]

Amazing. Thank you.

[@guyredares]

He does kind of look like a turtle