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The Fundamental News Is Often Made Up; It Is Fake

A friend of mine once relayed a great story:

A good friend of mine was once employed as a reporter by the largest commodity news service at the time. One day his major story was about Sugar and what it was going to do. After I read his piece, I asked: “Gary, how do you know all of this?” I will never forget his answer. He said: “I made it up.”

If that is true, and it is, what’s next? Keep learning.


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Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.