Trend Following Trading v. Momentum Trading

Trend following trading and momentum trading are not the same style. Consider two papers from AQR: 1 (PDF) and 2 (PDF). The terms might imply something similar, but the strategies are wholly different.

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You might like my 2017 epic release: Trend Following: How to Make a Fortune in Bull, Bear and Black Swan Markets (Fifth Edition). Revised and extended with twice as much content. Out April 24th 2017.