My Thoughts on Gaining Quick Riches from Day and Short Term Trading
Consider an excerpt from Trend Following: When you trade more or with higher frequency, the profit that you can earn per trade decreases, whereas your transaction costs stay the same. This is not a...
View ArticleLimitations with Day Trading
Feedback in: — Hello, I am interested in learning about Day Trading Russell 2000 Mini Futures. Would any of your products help me with that? Thank you, [Name] — That is not my focus, but if you accept...
View ArticleIf You Can’t Write It Down… How Can You Trade It?
A great line from one of the oldest running trend followers: “I’m very uncomfortable with black box trading where I’m dealing with algorithms I don’t understand. Everything we do we could do on the...
View ArticleEp. 466: Don’t Worship the Computer with Michael Covel on Trend Following Radio
Subscribe to Trend Following Radio on iTunes Michael starts an email from a listener that starts with praise, then turns around and claims that a top trend following trader has 400 employees and “super...
View ArticleEwan Kirk of Cantab on Trend Following
Excerpt: Our philosophy rests upon two main pillars. The first pillar is: macro, not micro. So we trade macro variables, not stocks and shares and credit default swaps and things like that. We trade...
View ArticleTrend Follower Robert Rotella: Avoid Tinkering
Insights: The firm’s chief researcher Robert Rotella will go back and look at the models to see whether there is anything unsound about the way they are programmed. Generally, there is not. Next, a...
View ArticleNo Memory Trading Courtesy of TurtleTrader William Eckhardt
William Eckhardt, the great trend-following trader, has spoken forcefully about the idea of not having a memory in your trading: “Suppose two traders, A and B, are alike in most respects except the...
View ArticleEp. 577: Art Collins Interview with Michael Covel on Trend Following Radio
Subscribe to Trend Following Radio on iTunes Art Collins is author of “Beating the Financial Futures Market: Combining Small Biases Into Powerful Money Making Strategies”, “When Supertraders Meet...
View ArticleEp. 607: Robert Carver Interview with Michael Covel on Trend Following Radio
Subscribe to Trend Following Radio on iTunes Robert Carver got his start in finance working at trend following firm AHL in 2001 during his final year of college. He was introduced to quantitative...
View ArticleElliott Wave Principle: Believe This and Go Broke Trading
It never dies. People just want to believe. Consider this excerpt: The Elliott Wave Principle posits that collective investor psychology, or crowd psychology, moves between optimism and pessimism in...
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