Feedback in:
I am currently reading your Trend Following. I am enjoying it very much and am eager to learn all I can about the strategy. I started trading full-time around the start of the shutdowns. I’ve been successful overall, but made many mistakes randomly buying calls and puts. With the market trending up, I did very well selling naked puts. When the market turned against me at the start of the year, I got into trouble by foolishly rolling out the trades that went against me. My margin shrunk to nothing. I was issued margin calls and had to liquidate many of my long-term holdings to cover. I’m still under water by about $45K, but am slowly trading my way back to profitability. I currently use a wheel strategy. Instead of rolling out the puts that go against me, I allow them to get assigned to me and then sell covered calls against them. This is working very well with the current high volatility. I look to either add to or replace my current strategy with Trend Following. You have my compliments and appreciation for your work. I look forward to continuing my studies.
Bruce P.
Jump in below. Lots of detail.
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.