Ride the Bucking Bronco: The Nature of the Trend Following Profit Beast

Some trading 101 from Trend Commandments:

One of the most useful criticisms that you can use to further your understanding centers on prediction. Trend followers… do not predict a market’s timing or distinction. Trend followers react to market movements. It is a critical distinction best seen in the words of trend follower Bill Dunn, “We don’t make market predictions. We just ride the bucking bronco.”

For more information on books and other resources to further your trend following education go here.

Filed under Trading 101, Trend Following