John Wooden Seven Point Creed
Was speaking to a colleague about John Wooden who was the famous basketball coach his seven point creed can be easily applied to trend following.
Be true to yourself.
Make each day your masterpiece.
Drink deeply from good books, especially the Bible.
Make friendship a fine art.
Build a shelter against a rainy day.
Pray for guidance and give thanks for your blessings every day
Our success in trend following is not due to our robust trading models. There are years in which we do not make money and even lose money. Yet there are years we more than compensate for these years. Trading success is like manna ( Bread from heaven). It is GD given. If we are patient and disciplined we stand the chance to succeed. However when we apply the seven point creed to our lives our odds of success possibly are increased.