Recorded: 12 Dec 2023 In this episode of the Algorithmic Advantage podcast, we chat with our friend, legend ‘original turtle trader’, Jerry Parker. The discussion traverses Jerry's remarkable journey, beginning with his foundational experiences in the renowned Turtle Program, where he gained invaluable knowledge in trend following and risk management under the guidance of expert mentors. Jerry shares his transition from learner to leader as he recounts the challenges and triumphs of starting his own fund, Chesapeake, highlighting the importance of adapting trading strategies, managing investor expectations, and the crucial interplay of trading skills with essential business acumen. The conversation then shifts to explore the evolution of Jerry's trading methodologies. He talks about his team's relentless pursuit of refining their trend-following strategies, incorporating a wider array of markets, and experimenting with innovative approaches like trend-following spreads. Jerry's commitment to the core principles of trend following, balanced with a willingness to embrace new market opportunities, is a recurring theme. He also candidly addresses the psychological aspects of trading, emphasizing the mental resilience required to navigate market pressures and maintain unwavering faith in one’s system. Throughout the episode, Jerry's insights offer a deep dive into the complexities and nuances of professional trading, making it a must-listen for anyone interested in the art and science of market trends.