SI362: The Alpha Most Systems Miss ft. Yoav Git

Yoav Git and Alan Dunne sits down for a conversation that challenges familiar assumptions about curve trading, market structure, and the role of CTAs. They explore why dislocations across time horizons create pockets of alpha most models miss, and how breakout behavior in commodity spreads signals more than noise. Drawing on a recent Bank of England study, Yoav explains how different participants leave distinct footprints on the FX curve, and why CTAs, far from being passive allocators, can act as dynamic responders to changing regimes. This is systematic trading, without the shorthand. ----- 50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE ----- Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website. IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here. And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here. Learn more about the Trend Barometer here. Send your questions to info@toptradersunplugged.com And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast. Follow Alan on Twitter. Follow Yoav on LinkedIn. Episode TimeStamps: 01:32 - What has caught our attention recently? 07:10 - Industry performance update 09:20 - Dont just trend it, curve it 16:33 - The drivers of spread 23:26 - Breaking markets into factors 26:37 - Mastering speed in spread trades 31:39 - Is there too much money in trend? 36:47 - Key insights into FX trading 44:23 - How dealers and market makers approach risk differently 47:28 - The thought provoking fact about the top 5% dealers and market makers 50:23 - The real process of an allocator 56:39 - Using trend as part of a long term strategy 01:01:35 - You should just go play...