Archive
Category: Trend Following
- May 22, 2010Mikhail Prokhorov on too Much Information and Why Snowflakes Have No Relevance to Trading Succes
Feedback in: “Hi Michael, do you think that hidden divergence is a good indicator of trend continuation after a retracement? Thanks in advance.” Regards, Jeff Jeff, exact definitions of ‘hidden divergence’, ‘trend…
- April 26, 2010The Magazine Indicator
In the last few weeks the media has gone ‘all in’ on recovery. All is rosy. The Dow is up. Good times are back! And when the media goes all in many…
- April 23, 2010“Speculation is Evil… You Greedy Bastard Covel!”
Alexander Ineichen writes: “The financial crisis was not ’caused’ by a single event or a single group of investors. More likely, a series of conditions needed to be met for the dominos…
- April 7, 2010Why You Should be a Systematic Trend Follower
Want to be a millionaire? Start thinking and acting like one! That means joining the minority who make sound moneymaking decisions every day. How? First, understand that there are no free lunches.…
- 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 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…