“I learned the hard way when I lost 90% of the funds in my account…”

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My biggest mistake is not taking control of my trading activity and treated it like a side hustle. I learned the hard way when I lost 90% of the funds in my account. I know a whole lot about trend following now though, as I’ve distilled literatures which cut across the trend following universe. I believe it’s the simplest and best way to go about trading. I just have a “yes or no” question for you concerning the strategy you use and recommend for your clients. Do you make use of pyramiding to capitalise on winning trades? Trend following has low win rate as we all know.

You think that’s all you need to know? By the way you ask the question it’s clear you need a complete risk management plan. Knowing whether trend followers pyramid or not is the one thing you are missing.

Start here.

Filed under Trend Following