Today’s combo episode consists of four classic episodes aggregated into one big modern podcast. Jack Schwager, Peter Brandt, Larry Williams and Toby Crabel are four pro traders who hopefully give every listener an aha moment. Jack Schwager is author of the Market Wizards series and just completed his second edition of A Complete Guide to the Futures Markets: Fundamental Analysis, Technical Analysis, Trading, Spreads, and Options. Peter Brandt is author of Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading, and a trader who has been in the commodity trading space since 1976. He has traded his own proprietary account from the late 1970’s until today, and is currently entering the hedge fund world by running a multi-CTA fund-of-funds. Larry Williams is the author of eleven books, most on stocks and commodity trading. He is also a stock and commodity trader, and politician. He has been in the trading game for over four decades and his name is well known in all trading circles. Toby Crabel is founder of Crabel Capital Management. Toby is a short term systematic trader which is a much different trading style than trend following. Toby is also a former pro tennis player and has a philosophical nature in discussing the trading world. In this episode of Trend Following Radio: Fundamentals vs. Technical analysis Risk management Contrarian view on fundamentals Charting Science vs. art in trading Whipsaws Exploiting trends Sharpe ratio Efficient market hypothesis Five minute chart patterns vs. a weekly chart patterns Mistakes as a novice trader Averaging losers Risk management Upside volatility Reducing incessant head chatter Living in the moment of now. Price movement and volume Price shocks Diversification Objectivism