Trend following is a LIFETIME FORMULA! My book describes what it takes to achieve reasonable returns. Adding the compounding of these returns over long periods of time give the distinct possibility of generating extreme wealth.
My book revolves around the methodology, money management, the pyschology of winning and all are essential elements of the formula. I always focus on the formula because that formula will enable myself and other to generate extreme wealth.
Unfortunately, most investors are unable to consistently achieve the investment returns necessary to compound their accounts. The problem is that most investors simply do not understand how to formulate a plan that will accomplish this.
The purpose of this book is to provide a solution to that problem “ Trend Following”.
My solution to the problem is to present to you Richard Donchian who is considered by many to be the father of trend following. Donchian was an investor during the Great Depression and he lost everything while investing in the Stock Market during this period. However by the 1940s he learned from his mistakes and started the concept of trend following. He would buy breakouts and look to stay with a trade as long as it was moving in the direction he placed his trade. Donchian continued trend following for almost 53 years thereafter.
In this book you will learn the realities of trend following.
My book revolves around the methodology, money management, the pyschology of winning and all are essential elements of the formula. I always focus on the formula because that formula will enable myself and other to generate extreme wealth.
Unfortunately, most investors are unable to consistently achieve the investment returns necessary to compound their accounts. The problem is that most investors simply do not understand how to formulate a plan that will accomplish this.
The purpose of this book is to provide a solution to that problem “ Trend Following”.
My solution to the problem is to present to you Richard Donchian who is considered by many to be the father of trend following. Donchian was an investor during the Great Depression and he lost everything while investing in the Stock Market during this period. However by the 1940s he learned from his mistakes and started the concept of trend following. He would buy breakouts and look to stay with a trade as long as it was moving in the direction he placed his trade. Donchian continued trend following for almost 53 years thereafter.
In this book you will learn the realities of trend following.