Trend Following Thoughts to Internalize
Trend following is really not for everyone. Most people like to be sheep or cattle and just follow the crowd. If their friends are investing in a certain manner they feel obligated. Trend followers are a different mind set. Many of the most successful trend followers such as Jerry Parker, Liz Cheval, Tom Shanks, Dave Druz, Abraham Salem and many more who have compounded rates of returns in the mid teens for over decades are unknown on Wall Street. Most successful trend followers are humble and do not seek any fame, rather they look to compound their money as well as their investors money.
I want to share several thoughts which might help you to become a successful trend follower. ( As well if you do not trade yourself there is no reason not to allocate to trend followers…ie Be the pilot and learn to fly…or simply just enter the plane and permit the pilot to fly).
Learning how to win is work!
Not willing to take losses will never get you to winning!
Trend Followers are paid to take a risk, however they have a plan and an edge that most investors do not!
Futures trading involves risk. People can and do lose money