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TREND FOLLOWING:
Trend following at its best aims to compound absolute returns.
It doesn't shoot for average.
The goal is to make the "knock you socks off" returns, not passbook savings interest.
Trend following also has the unique ability to lie and wait for targets of opportunity.
That means killing it on unpredictable surprises.
Trends exist everywhere, always coming and always going.
Markets are no different: They trend up an down.
That said, no one can predict a market trend, you can only react to one.
Trend following never anticipates the beginning or end of a trend.
It only acts when the trend changes.
There is no need to figure out why a market is trending, just follow it.
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TREND FOLLOWING:
It is not a place, it is a state of mind.
No prediction. No buy and hold, analysts, or news.
Trend following decision-making doesn't involve discretion, guesses, gut feelings, or hunches.
It's not day trading or buy and hope.
It doesn't involve passive indexing, in and out trading, or fundamental analysis.
No more 24-hour news cycles, daily turbulence, sensational hype or magic formulas either.
Let go of the Holy Grails.
Trends exist everywhere, always coming and always going.
Markets are no different: They trend up and down.
Trend following never anticipates the beginning or end of a trend.
It only acts when the trend changes.
There is no need to figure out why a market is trending, just follow it.
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