Good Morning Mr. Covel,
I currently have a very simple trend-following algorithm and have had some success with it. I’m 63 years old and have been in the financial services business for 27 years. I started out with Dean Witter, which became Morgan Stanley. They never told us when to sell, just buy the new product, new mutual fund, and hold on forever. My clients got crushed during the dot com crash. It was brutal, not just for my clients, but for my career as well. I was fortunate to meet a computer programmer who was building a trend-following algorithm. We’ve updated it over the past 15 years, but it’s still a simple program that’s based on weekly volatility. I’m looking forward to learning more and becoming more successful in understanding and trading the trends.
Thank you again.