First off, as an avid listener to your podcast I would like to thank you for the free content you put out to spread the trend following ideology. I have benefited from your content greatly, and know other like minded people have benefited as well.
As a recent graduate with an engineering degree I had a lot of trouble carrying out a buy and hold (hope) type investment strategy. It was a big mental conflict listening to the advice of financial advisors that recommended a strategy with mediocre returns and excess risk. Why does the media, efficient market theorist disagree with the that mentality hard work = results when it comes to the markets? Why do people settle for mediocrity?
Being relatively new to investing, and being the results driven person I am, after hours/days of researching different investment strategies, trend following caught my eye. A system that relies on the hard numbers (price) rather than opinions and blind predictions is exactly what I was looking for. Despite the poor timing for me to adapt a trend following type strategy (sideways market), I am no less confident in my strategy than the day I started, however this doesn’t mean there isn’t room for improvement.
As someone who exclusively trades stocks/bonds/etfs which of your books would you recommend for me to improve upon my system? I am already aware of the many trend following principles the turtles have used, i.e. position sizing, entry, exit…
I would try them all.