Aug 8, 2026 · 1 hr 37 min · 11 segments
The conclusion of our two-part special. The trend followers are joined again by Mark "Moose" McGrath to walk the final four strategic ideas from the old military thinkers, asking the same question at…
Mark McGrathGuest
Jerry ParkerHostRichHostAdamHostSo here is an idea the old strategists kept coming back to.
In any fight, there are two kinds of force.
There is the ordinary force, the one that holds the line, does the expected thing, keeps the enemy busy.
And then there is the extraordinary force, the surprising one, the unexpected move that actually wins the day.
So you need both.
The ordinary fixes the enemy in place, and the surprise breaks him.
For us as trend followers, this maps almost perfectly onto how we make money.
Most of our trades are small losses.
That is the ordinary, the steady cost of showing up.
And then every so often, one trade runs and runs and pays for them all and more.
And that is a surprise.
So the whole game for trend following is surviving the ordinary so you are still there for the extraordinary.
So let me put that in real terms by passing the mic to our in-house legend, Jerry.
Tell them about a year of small, annoying losses, the death by a thousand cuts, and then the single trade that paid for the whole lot.
So here is an idea the old strategists kept coming back to.
In any fight, there are two kinds of force.
There is the ordinary force, the one that holds the line, does the expected thing, keeps the enemy busy.
And then there is the extraordinary force, the surprising one, the unexpected move that actually wins the day.
So you need both.
The ordinary fixes the enemy in place, and the surprise breaks him.
For us as trend followers, this maps almost perfectly onto how we make money.
Most of our trades are small losses.
That is the ordinary, the steady cost of showing up.
And then every so often, one trade runs and runs and pays for them all and more.
And that is a surprise.
So the whole game for trend following is surviving the ordinary so you are still there for the extraordinary.
So let me put that in real terms by passing the mic to our in-house legend, Jerry.
Tell them about a year of small, annoying losses, the death by a thousand cuts, and then the single trade that paid for the whole lot.
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