BlogDecember 26, 2019Michael Covel

“It may not be technically be Trend Following by definition but it’s what I’ve got for right now…”

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Mike,

I’ve got a subscription to a hot list from [name] from [name] Research. He tracks longer term trends for a breakout and then I run it through my short term charts. I use a 20 day moving average and MACD and stochastic indicator slower than the defaults on Fidelity Active Trader. If his hot list doesn’t signal a buy on my charts I don’t buy. The MACD and Stochastic numbers I borrow from [name] book.

It may not be technically be TF by definition but it’s what I’ve got for right now.

C.

I don’t like that description. The sooner you pivot the better.

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