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Hi Michael,
Please check out this video and let me know your honest opinion. It explains everything.
Many thanks in advance!
All The Best,
David H.
I see a lot of Richard Dennis language, but I’m not hearing trend following strategies. Cash flow and income language are not what I expect to hear when speaking of trend following. What are the exact rules here?
This may not be what you are looking for. And perhaps this isn’t technically “trend following” but just a simple way of achieving profits using the 4 simple rules and 2 simple keys.
Here are the rules for entering a call option— when both upper and lower (MACD) blue lines cross above the red lines, and the rule for exiting a call option is when at least one blue line crosses below the red line.
Similar but reversed for put options— enter when both upper and lower (MACD) blue lines cross below the red lines, and exit when at least one blue line crosses above the red line.
I know that’s over-simplified, but it’s the gist of it.
Thoughts?
How long are these trades? What is risk management? What is position sizing? How are markets selected? I believe you know you need a complete understanding, hence why you are texting me. My steps are here.
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