“If I had stuck to just one system of trend following until the end, I would have made…”

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Hi Michael Sir,

Here’s my story:

1. After my learning journey was over for trading (or so I thought), I followed three systems when I entered the market:
a) Trend following system
b) Swing or positional setups
c) Options setups

2. At the end of the first year of trading (FY 2023), I realized I earned nothing because what I made in trend following, I lost in swing or options trades.

3. So, in the second year (FY 2024), I rejected swing and options systems and focused on trend following. I diverted all capital to trend-following.

4. Made big money initially, but then came the drawdowns, and for a moment, it seemed trend following was also a failure. So, I ran out of the market after booking losses.

5. Shut trading completely and started reading Turtle Trading and Trend Following by you saved my trading career.

6. I realized that if I had stuck to just one system of trend following until the end, I would have made big money this year.

7. But to have the brass balls to stick through, my money management needed to be right. I was over-leveraged, so I ran away when the drawdown came.

8. Year 1 was about trying systems, Year 2 was about learning to manage money with just one system and actually understanding the philosophy behind trend following rather than just learning a system and jumping into the market. Hopefully, Year 3 (FY 2025), I can come back to you with a success story—not just by result, but by demonstrating a Turtle mindset while facing the market through and through.

My sincerest thanks to you!

Regards,
Amrit S.

Go trend following only!

Filed under Trend Following