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Latest from Trend Following
- March 23, 2010Close Enough to the North Pole
An excerpt from my Turtle book that I like: No matter what ‘price’ is the variable that the great traders have lived and died by for decades. Making trading decisions more complicated…
- March 23, 2010Silly Rabbit, Trix Are for Kids
A question posted recently here on my blog: “What value do individual traders provide society with? I can understand that fund managers earn fees by helping clients earn profits. But what about…
- March 19, 2010You Don’t Need to Understand Electricity to Use It
A Friday thought… No one can predict a market trend, you can only react to them! Trend following never anticipates the beginning or end of a trend. It only acts when the…
- March 9, 2010Nicholas Darvas: Trend Trader
From a Time Magazine article in 1959: Darvas places his buy orders for levels that he considers breakout points on the upside. At the same time, he places a stop-loss sell order…
- March 1, 2010Goldline Starting to Tarnish
I just called the Goldline guys. First thing I asked, “If I buy gold from you when do I ever sell?” The punk on the phone (and that is being charitable) said:…
- February 27, 2010The Long Term Life Risk of Sticking to Safe Bets and Investments
Recently the TV hit me with an ad playing in the background. All I heard was: “If you are like most your retirement dreams have seen better days.” If I had a…
- February 26, 2010Who is John Galt?
Who is John Galt? “Happiness is not to be achieved at the command of emotional whims. Happiness is not the satisfaction of whatever irrational wishes you might blindly attempt to indulge. Happiness…