Trend Following
Subtitle: How Great Traders Make Millions in Up or Down Markets
Publisher: Financial Times Prentice Hall
Published: April 23, 2004
Language: eng
Number of pages: 311
ISBN-13: 9780131446038
First sentence: A market is simply a place where buyers and sellers gather to trade and exchange goods, buying and selling for any number of reasons.
Description: For 30 years, one trading strategy has consistently delivered extraordinary profits in bull and bear markets alike: Trend Following. Michael Covel rigorously analyzes historic performance data proving that Trend Following trading works. He goes right to the source for insight from some of the best trend followers ever. How to limit risk, employ discipline, and swing for the home run are all part of Trend Following. Covel also debunks Wall Street Holy Grails such as buy and hold and the use of fundamentals for trading decisions.