Thank you for sending the link to the additional information and for taking the time to write Trend Following. It has been a pleasure reading it and I intend on recommending it to my friends and family.
The biggest problem I have faced with my trading in the past has been position sizing and determining stop losses. I have spent the past five years working through the concepts of fundamental analysis and applying them to my investing but I always ended up sizing my position based off a certain percentage of my portfolio divided by the current price of the shares being purchased. During the past five years, I have ridden through some fairly sizable draw downs on specific positions and have worked on trying to develop a system for positioning stop losses. This effort has resulted in me questioning if there was a better way to manage my portfolio.
I listened to your interview with Dan Ferris (Stansberry Investment Hour Podcast) and I realized that the ideas used by trend followers to determine risk and position size was definitely something I needed to learn more about. I purchased Trend Following after listening to that interview.
Thank you again!
You are welcome. Check out my FAQs too.