Feedback in:
Mike,
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.
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.