I think you missed the point entirely. Have a look at a portion of his much talked about response to President Obama's speech.Quote from Trend Following:
I don't care about either of these politicians.
The trend following "public" actually tends to make money until the turns. It's the turns that get the ones asleep at the wheel. You, on the other hand, have called at least 15 of the last 3 or 4 turns.Quote from marketsurfer:
very true. the public are trend followers by default and we all know what happens.
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And oh boy, do us trendfollowers love all those "traders" trying to religiously fade each and every breakout/breakdown. Bring it on!Quote from MarkBrown:
we need trend traders for liquidity when selling into their breakout orders and buying when they place their breakdown orders! go covel!