Trend Following-Trend Commandments

[baro-san]

Quote from Trend Following:

I would like to try and keep this thread related to trend following (and not banter that goes nowhere). ...

I remind everybody, including the OP, the stated purpose of this thread.

 

[bwolinsky]

Quote from baro-san:

I remind everybody, including the OP, the stated purpose of this thread.

I'm still waiting on performance summaries. If I want to go read what other people have done, there's no limit on the amount of research that you can do if you want to know how well everybody did.

 

[Trend Following]

Quote from bwolinsky:

I'm still waiting on performance summaries. If I want to go read what other people have done, there's no limit on the amount of research that you can do if you want to know how well everybody did.

I have 4 books out. You have read none of them and you want a debate. Lazy and arrogant are things you can work on!

 

[bwolinsky]

Quote from Trend Following:

I have 4 books out. You have read none of them and you want a debate. Lazy and arrogant are things you can work on!

Listen, I do not care what is in those books. If you'd like to contribute something original, please do.

I am expecting results or performance summaries, and besides the trading tutoring you have on your site, perhaps you have other statistics to share with us?

 

[Trend Following]

Updates:

http://www.michaelcovel.com/2011/09/24/a-case-against-fundamentals/

http://www.michaelcovel.com/2011/09/24/the-great-netflix-implosion/

 

[Rodney King]

The trendies cashed in on all the big moves this year? http://bit.ly/kgrc9C 2011 -0.79%

 

[Trend Following]

Good TF feedback:

http://www.michaelcovel.com/2011/09/29/breaking-away-from-the-matrix-isnt-easy/

 

[Trend Following]

The march of lemmings:

http://www.michaelcovel.com/2011/10...rs-and-fundamentalists-all-go-over-the-cliff/

 

[GordonTheGekko]

...so where are the trend commandments?

 

[bwolinsky]

Quote from GordonTheGekko:

...so where are the trend commandments?

I'll lay out three of them:

Don't fight the trend.

Don't ever fight a trend whose breach limits keep going higher and inevitably force a higher low short cover that becomes a move to a higher high.

Head and shoulders patterns only work because they are at a tail end of a liquidity drain where leveraged assets are used as with access to capital to cover terms of personal loan contracts and 2 separate attorneys fees of a $220 per hour lawyer or a $475 per hour later.