Table of Contents

Below you will find the complete Table of Contents for Trend Following: How Great Traders Make Millions in Up or Down Markets (New Expanded Editon) released November 2005

- Forward from Larry Hite (New Expanded Edition)
- Preface
- Acknowledgments

Part I

Chapter 1 - Trend Following

• The Market
• Winning and Losing
• Investor v. Trader: How Do You See the World?
• Fundamental v. Technical: What Kind of Trader Are You?
• Discretionary v. Mechanical: How Do You Decide?
• Timeless
• Has Trend Following Changed?
• Trend Following Modus Operandi: Follow Price
• Follow the Trend
• Handling Losses
• Conclusion

Chapter 2 - Great Trend Followers

• Bill Dunn
• John W. Henry
• Ed Seykota
• Keith Campbell
• Jerry Parker
• Salem Abraham: Texas Pioneer
• Richard Dennis
• Richard Donchian
• Jesse Livermore and Dickson Watts

Part II

Chapter 3 - Performance Data

• Absolute Returns
• Fear of Volatility; Confusion with Risk
• Drawdowns
• Correlation
• The Zero-Sum Nature of the Markets
• George Soros Refutes Zero-Sum

Chapter 4 - Big Events in Trend Following

• Event #1: Stock Market Bubble
• Event #2: Long Term Capital Management Collapse
• Event #3: Asian Contagion and Victor Niederhoffer
• Event #4: Barings Bank Meltdown
• Event #5: Metallgesellschaft
• Final Thoughts
• The Coming Storm

Chapter 5 - Baseball: Thinking Outside the Batter's Box

• The Home Run
• Moneyball and Billy Beane
• John W. Henry Enters the Game
• Pedro Stays In

Part III

Chapter 6 - Human Behavior

• Prospect Theory
• Emotional Intelligence: Daniel Goleman
• Charles Faulkner
• Ed Seykota's Trading Tribe
• Curiosity Is the Answer, Not Degrees
• Commitment to Habitual Success

Chapter 7 - Decision-Making

• Occam's Razor
• Fast and Frugal Decision-Making
• The Innovator's Dilemma
• Process v. Outcome

Chapter 8 - Science of Trading

• Critical Thinking
• Chaos Theory: Linear v. Nonlinear
• Compounding

Chapter 9 - Holy Grails

• Buy-and-Hold
• The King of Buy-and-Hold: Warren Buffett
• Losers Average Losers
• Crash and Panic: Retirement Plans
• Wall Street: Analysis Paralysis
• Final Thoughts

Part IV

Chapter 10 - Trading Systems

• Risk, Reward, and Uncertainty
• The Five Questions for a Trading System
• Your Trading System
• Frequently Asked Questions

Chapter 11 - Conclusion

• Slow Acceptance
• Blame Game
• Understand the Game
• Decreasing Leverage; Decrease Return
• Fortune Favors the Bold

Afterword (New Expanded Edition)

• Market Wizard Larry Hite (New Expanded Edition)
• Inefficient Markets (New Expanded Edition)
• Trend Following Confusion Reigns (New Expanded Edition)
• Hedge Fund Hype (New Expanded Edition)
• Final Thoughts (New Expanded Edition)

Appendices

Introduction to Appendices (New Expanded Edition)
A - Wealth-Lab Software (New Expanded Edition)
B - Performance Guide (New Expanded Edition)
C - Short-Term Trading (New Expanded Edition)
D - Personality Traits of Successful Traders
E - Trend Following Models
F - Trading System Example from Trading Recipes
G - Modern Portfolio Theory and Managed Futures
H - Critical Questions for Trading Systems

Resources
Endnotes
Bibliography
About the Author
Index