Dear brethren:
A few days ago I experienced what I would call an existential reflection as a trader. I was thinking about the art of speculation and what would be the speculator's most important secret. The answer that came to my mind was: pure and simple trend following.
The speculator has a trend, he has a trade.
The speculator doesn't have a trend, he has no trade.
The market is trending, he gets in.
The market is trendless, he gets out.
The market is trending, he gets in.
The market is trendless, he gets out.
In your experience, do you think a speculator has anything else to do with his trading?
cpo
A few days ago I experienced what I would call an existential reflection as a trader. I was thinking about the art of speculation and what would be the speculator's most important secret. The answer that came to my mind was: pure and simple trend following.
The speculator has a trend, he has a trade.
The speculator doesn't have a trend, he has no trade.
The market is trending, he gets in.
The market is trendless, he gets out.
The market is trending, he gets in.
The market is trendless, he gets out.
In your experience, do you think a speculator has anything else to do with his trading?
cpo
