Resources

A good definition of Trend Following from Van Tharp:

Let's break down the term Trend Following into its components. The first part is "trend". Every trader needs a trend to make money. If you think about it, no matter what the technique, if there is not a trend after you buy, then you will not be able to sell at higher prices..."Following" is the next part of the term. We use this word because trend followers always wait for the trend to shift first, then "follow" it.

The following web sites outline the losers in the big market events of the last 15 years. Who won? These zero-sum events, profiled in the book, are where trend followers won big:

PBS Special: Trillion Dollar Bet
- Buy VHS Tape from Amazon
- Video Excerpt from Trillion Dollar Bet: 16M Download

PBS Special: Dot.Con
PBS Special: The Crash (1998)
PBS Special: Blackout (California Energy Crises)
PBS Special: The Wall Street Fix (WorldCom)
PBS Special: Bigger Than Enron

Trend Following™ White Papers

Graham Capital: Trend Following Risk & Return
David Hsieh & William Fung: Theory and Evidence
A Tail of Two Worlds: Fat Tails and Investing
Too Big to Fail?: Long-Term Capital Management
Bet Sizing Article by Ed Seykota and David Druz

Personality Testing

Myers Briggs Personality Testing