Trading Macro – Erik Townsend

Futures Radio Show
Futures Radio Show
Trading Macro – Erik Townsend


Erik Townsend

Hedge Fund Manager & Macro Voices Podcast Host

Record Date:  1/8/19


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  1. Becoming a Macro Trader
  2. Developing a Trading Process & Strategy
  3. Trade Execution & Position Sizing
  4. Comparing a Current Macro Scenario to the Past
  5. Blockchain & Crypto

Rapid Fire:

Q. What Trader has influenced your life the most and why?
A. Jim Rogers

Q. What was one of the hardest things for you to overcome in Trading?
A. Excessive loyalty to my beliefs. 

Q. How has your trading process evolved over the years?
A. Adjusting my process around the time frame of what’s tradeable in the market vs. the time frame of my long-term predictions.

Q. What is one attribute that you believe every trader should have?
A. Discipline and willingness to be proven wrong. 

Q. Favorite Book About Trading?
A. Market Wizards Series by Jack Schwager

Q. Favorite Movie About Trading?
A. Trading Places

Q. What’s the best advice you’ve received about Trading?
A. Loyalty to people is good.  Loyalty to positions is bad. 

Q. If you can give a piece of advice to the younger you, what would it be?
A. Back off on conviction.  You’re going to be right in the long term, but you’ve got to allow the market to be wrong in the intermediate term and don’t fight the trend. 

Q. If you had to elevator pitch your edge in trading, what would it be?
A. Ability to understand big systems and complex subjects.

Q. Favorite thing to do when not trading?
A. Scuba Diving

Erik Townsend’s Resources:

If you enjoyed this interview with Erik & the topics discussed — be sure to listen to these other episodes with
Jesse Felder, Michael Lebowitz & Lance Roberts

Macroeconomics – Jesse Felder & Michael Lebowitz

The Market Leads the Economy — Lance Roberts

Futures Radio is a weekly talk show hosted by 18-year futures veteran and CME member Anthony Crudele, an ex-pit trader and one of the first to trade the E-Mini S&P. Each week Anthony talks with traders, CEOs, and other proven market participants about relevant trading and investing information.


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