Quote from Neenisti:
What new discoveries do you cover in this new book that you didn't cover in past books?
Quote from Neenisti:
Trend following is anything but buying new highs and selling new lows. That investment and trading tactic is not only archaic but ignorant. Even someone wet behind the ears to trading and investing knows the folly of following that path.
Quote from Neenisti:
Trend followers buy pull backs in up markets and sell pull backs in down markets. This is common knowledge for those applying the techniques or for those of us that actually know people who operate funds that use those techniques.
And what kind of returns are these "edges" currently generating for you and yours?Quote from marketsurfer:
I would be pleased to suggest programs with actual edge right now, but can only speak with accedited, real investors. In addition, not being a sponsor here, I am precluded under the TOS from mentioning particular working edges.
Quote from Trend Following:
In prior posts you said this:
Given that you have these erroneous beliefs--the book is a very good fit for you.
I was not aware that trend trading was strictly and singularly defined by an oversight committee serving as final arbiter. Apparently, I was under the mistaken impression that we could all define trend in our own way and then trade it in a manner of our choosing.Quote from Trend Following:
...Given that you have these erroneous beliefs--the book is a very good fit for you.
Quote from Gabfly1:
I was not aware that trend trading was strictly and singularly defined by an oversight committee serving as final arbiter. Apparently, I was under the mistaken impression that we could all define trend in our own way and then trade it in a manner of our choosing.
) or a Trend Follower ( Covel )-- and likely additional permutations of the same-----Quote from marketsurfer:
Yes, its quite humourous seeing these blustery no name aliases asserting fact in the face of overwhelming evidence to the contrary. I guess there will always be those who "see things their own way, without regard to reality," no matter how much effort and evidence is presented.
Quote from marketsurfer:
No, definitions are definitions. IF you choose to trade another way ( hopefully you do ) that's a good thing-- but its not Trend Following as defined by the numerous billion dollar hedge fund managers who are Trend Followers.
B free to trade your way, just DO NOT call it something it is not. You can be a Trend Trader, a Trend Anticipator ( me) or a Trend Follower ( Covel )-- and likely additional permutations of the same-----
surf
You seem to be blissfully unaware that the name trend following predates Covel's book by some years. He doesn't get to "own" it just because he used it as a book title.Quote from marketsurfer:
B free to trade your way, just DO NOT call it something it is not. You can be a Trend Trader, a Trend Anticipator ( me) or a Trend Follower ( Covel )-- and likely additional permutations of the same-----
surf