Subscribe now and watch my free trend following VIDEO.

“It’s funny, I was actually thinking of sending you a message…”

Feedback in:

Hi Michael,

It’s funny, I was actually thinking of sending you a message. I’ve read Trend Following a few times, I listen to your podcasts (I went back to the beginning archives). I love the interviews and caliber of guests. I’ve thought about signing up for the course back in February. My biggest hesitations – time and mental capacity. I’m currently studying to sit for the CFA (blasphemy!). I passed level 1 December and I had a small window of time before I hit the books again. I knew your course was only 12 or 18 months depending on the package and I knew that I didn’t have that much time to devote (I had less than 6 months). I ended up signing up with another course that had lifetime access. I studied his course, it’s a bit more chart reading and less quantitative / backwards testable. Nonetheless, I studied his methods and tried back testing charts up until I needed to set that aside and get back to the CFA.

Anyway, I wanted to reach out and let you know that I like your interviews, I like commentary on the website, the research and thought that went behind the book. I like the differing opinion from the rest of the financial industry. One day, I plan to sign up with your course, but for now, it’s is just not in the cards. I wish I could take advantage of the offer, but I’m basically on an information diet.

My Ah-ha moment was the email about the limiting losses. For some reason, I couldn’t conceptualize the 1-2% rule until I read it in one of the emails. I understand limiting losses, cutting losses, etc., but I always thought, that the plan was to only put 1-2% into a trade. If you have a $100k account, $1-$2k / position, as opposed to an $X position, with a $1k-$2k, stop loss.

The thing that I still can’t understand is how to build the rules and how to test the rules. I understand that the rules are not what earn the returns, but following the rules earns the rewards, and that is my missing piece. I’ve tried a few theories, but I don’t know how to test it properly. I’ve searched the Internet a bit, but I haven’t had the time to fully devote a deep dive, so that is currently where I am. Otherwise, I like the non-prediction of markets, the psychological discipline required and of course, the returns.

[Name]

Be persistent. You can win!


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

Trend Following Podcast Guests
Frequently Asked Questions
Performance
Research
Markets to Trade
Crisis Times
Trading Technology
About Us

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.

Learn to be a trend following trader.
Sign up free today.