Just finished reading Trend Following, thanks for a great book! My biggest problem with my trading is buying false breakouts and getting stopped out to often, which then leads to big commission costs. I have a question; wouldn’t it be easier for the common investor to just put their money with say Dunn Capital instead of trying to trade for themselves? I’m trying to talk a lot about trend following with my father who trades a lot on “gut feel” with no stops. Maybe that could be suitable for him?
All the best,
You can go either way. Trade for yourself or hire someone. It’s a choice.