“I work full time, and have investments spread out across multiple accounts and brokers…”

Feedback in:

Hi Michael, After listening to your podcast occasionally for about two years, purchasing, but not having finished reading your most recent book, etc., I figured I’d reach out and say hello. I thought I was on your mailing list, and may have been previously, but I just signed up again. The video link you have in your first email below is one I hadn’t seen previously. Anyway, I appreciate you. Thank you for all you do. But you asked a specific question, so here goes…

What is your biggest challenge you have faced with your Trading?

Implementation. Hands down. I work full time, and have investments spread out across multiple accounts and brokers. As I’ve attempted to take a more active approach, I’ve ended up with a convoluted mess, whereas when I was blindly B&H passive index investing, it was pretty simple – one 401k through employer, one other broker (Vanguard) for a ROTH and a rollover ROTH. All on auto pilot. I’ve ended up subscribing to a few different services/strategies, mostly risk on/off momentum signal type strategies. While I conceptually understand Trend Following, I haven’t yet found a playbook for implementation. Perhaps that is your course, which I’m considering. So basically, a guidebook/playbook on the concrete steps to take to determine where to manage the trend following account(s), what allocation of one’s total portfolio to allocate to the TF strategy (100%?), and the day-to-day action steps is what I still don’t quite grasp. Thanks for listening. I’ll continue to dig in to your material with great interest and respect.

Start here and here. And all of the links that spring from those two links.

Filed under Trend Following