Ep. 1230: Andrew Strasman Interview with Michael Covel on Trend Following Radio

<p>My guest today is Andrew Strasman, an experienced trend following trader with a background in the financial industry. Currently associated with Totem Asset Group as a commodity trading advisor, he began his journey in Chicago's trading circles in the 1990s and later joined DRW Trading. Andrew's trading philosophy centers on exploratory bets, a concept he embraced after a significant revelation in his career. He places a strong emphasis on disciplined trading, rigorous risk management, and maintaining ambivalence about individual trade outcomes, underlining the significance of adequate capitalization for trading success.</p> <p>The topic is Trend Following.</p> <p>In this episode of Trend Following Radio we discuss:</p> <ul> <li>Regulatory concerns in trading and podcast discussions</li> <li>Regulatory constraints and exemptions for qualified participants</li> <li>Misleading statements and past performance in trading</li> <li>His background, including his start in Chicago trading circles</li> <li>Turtle traders</li> <li>Market behavior and dynamics</li> <li>AI in trading</li> </ul> <p>Jump in!</p> <p>---</p> <p>I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.</p> <p>To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: <a href= "https://www.trendfollowing.com/trend/">https://www.trendfollowing.com/trend/</a></p> <p>You can watch a free video here: <a href= "https://www.trendfollowing.com/video/">https://www.trendfollowing.com/video/</a></p> <p>Can’t get enough of this episode? You can choose from my thousand plus episodes here: <a href= "https://www.trendfollowing.com/podcast">https://www.trendfollowing.com/podcast</a></p> <p>My social media platforms:<br