Blog
Latest from Trend Following
- December 26, 2011Want to Make Money? Forget the Daily News Drivel. Here Is Some Inspirational Thinking
Firemen, donuts and meetings. The more or less choice. Is America at a digital turning point? Optimism has its advantages, but some worry the region may lose touch with the rest of…
- December 16, 2011Michael Covel Active Trader Article
My January 2012 article in Active Trader: Trend-following winners are not “lucky monkeys”. More from Michael Covel: Books · Podcast · Trend Following course
- December 14, 2011The Entrepreneurial Checklist from Michael Covel
Nancy Upton and Don Sexton, professors at Baylor University who have long studied entrepreneurs, pinpointed traits possessed by Parker and other entrepreneurs: 1. Nonconformists: lower need to conform indicating self-reliance. 2. Emotionally…
- December 12, 2011“Play Calling Is About Probability, Not Certainty”
Take two traders who win 40 percent of the time with their winners being three times as large as their losers. One has a history of 1,000 trades and the other has…
- December 8, 2011Great Trading Is Not Some Sixth Sense
Tom Willis, a close friend of Richard Dennis, the father of the Turtles, put it succinctly: “Are Turtles grown, or can they be taught? Do they have a magic sixth sense or…
- December 7, 2011Pencil and Paper: The Secret to Success?
One of John W. Henry’s associates elaborated on the early days: “Originally all of our testing was done mechanically with pencil and graph that turned into lotus spreadsheets, which was still used…
- December 4, 2011Alexander Ineichen on Following the Trend
Some research (PDF) from Alexander Ineichen. Nice to see my book Trend Following in the bibliography. Remember: “The aim of the wise is not to secure pleasure, but to avoid pain.” –Aristotle…