“We Like To Buy Expectations Not Prices”

“We like to buy expectations not prices.”

If you ever see that advice, run. Reach for your wallet and run. Fast. The only true measure is the price of the instrument you are trading. An expectation, or prediction, for tomorrow is fool’s gold.

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.