You Don’t Have Inside Access, But Some Do; What Will You Do?

Take a read of PDF exhibits from the March 15, 2013 Hearing: JPMorgan Chase Whale Trades (A Case History of Derivatives Risks & Abuses).

Bottom line?

You don’t have access to the power reigns.
You don’t have a hotline to politicians.
You will not be bailed out.
You can’t believe anything you read and all fundamentals can be “cooked”.

What are your options?

Trade the one variable they can’t fix or fake: the price.

That’s the trend following way.

Filed under Trend Following