“I am still unable to give a short, comprehensive definition of trend following…”

Feedback in:

My biggest challenge with trading is waiting too long to cut my losses on my bad investments. I look forward to learning more about trend following, to be honest, I have read your book and listened to a number of your podcasts, but I am still unable to give a short, comprehensive definition of trend following. One quick question, I have often heard it is good to be a contrarian investor and go against the crowd, is this the opposite of trend following?

Thanks again,
John A.

This is trend following:

• Exact rules for selecting your tracking portfolio.
• Exact rules for entering your trades at the right time.
• Exact rules for exiting your trades with a loss.
• Exact rules for exiting your trades with a profit.
• Exact rules for how much money to bet on each trade.

Also read.

Also see my FAQS.

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