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“I wanted to say that I have been following your work for the past….”

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Hello Michael,

I hope you are well. And, you are the one reading this email. First, I wanted to say that I have been following your work for the past 7+ years. I am coming from a small country called Montenegro, located in southeast Europe. Beautiful country, but unfortunately very low-income one. Since I came to the USA, two years ago, I finally am able to buy the course! I do hope you are going to respond to my email and remove all the concerns I have. Thank you so much in advance! I have my own trend-following strategy, but, unfortunately, it only works on 4hr chart with maybe 50% of all instruments I have tested it on. When I get the system, I will test it out on a daily frame for multiple instruments, you did mention dozens of times that your trend-following system works on every instrument, so I would test the rules and see if it really does. What would happen if that is not the case? It’s still a lot of money for me, so I am afraid to buy something and find out later that it doesn’t work? Also, what do you say, is a retail trader going to be able to reproduce any result better than S&P500, since the costs of trading are much higher for non-institutional traders, do you have any recommendations for brokers? Once more, thank you so much for your work through the years, and I am looking forward to hearing back from you!

Kind regards,
[name]

Some thoughts on your perspectives:

1. Markets: trendfollowing.com/markets

2. You don’t trade one market as a trend follower. It’s also not short term or day trading. Trend following is not a 4 hr chart.

3. All markets don’t trend at all times, thus with real trend following there is a portfolio structure. I teach that. That said, trend following, including mine and others, works across so many markets because you are trading price (not the fundamentals). Price is universal.

4. Trend following is not for lightly traded or obscure markets that may be controlled by some whale. You want real markets, large liquid markets. There are plenty of those.

5. I am concerned as your understanding of what trend following is and your expectations seem off.

6. I help with broker ideas, but that is not a big issue. Not sure why you think it’s a big issue.


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