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Hi Michael,
I have followed your work and listened to your podcasts for many years, and appreciate your knowledge and general commentary. I can see conceptually how trend following can work, as well as philosophically understand it, but my reticence has been that unless you have a fairly substantial asset base to work with, it strikes me that you are either risking almost everything on 1 or two markets, or to get the market diversification, the allocations to each market will be too small. I see how some of these market titans have grown accounts from nothing, but there must be 100’s of others that have blown up their accounts simply by being stopped out of “good” trades. I would appreciate your opinion on that.
Regards,
Tony G.
Trend following is not trading one market alone. Trend following is not betting it all on one market alone or risking too much on one market alone. I add more here on capital. There are many different types of instruments to trade opening up trend following to many.
Learn the rules behind trend following, and the systems to apply them.
See the coursesMore from Michael Covel: Books · Podcast · Trend Following course