Do You Have What it Takes to Be a Trend follower?
For those of you who think trend following is retirement in a box or easy…it is not! Do you have what it takes to follow a systematic trend following plan without giving up when you have 8 trades or more in a row do not work? Do you have what it takes when you have an ugly draw down exceeding 20%? Do you have what it takes when the greatest draw down is always ahead of you? Do you have what it takes when you do not make any money for lets say a rolling period of 25 or 30 months?
I challenge you to think of these things. Will you have the discipline not to quit?
Trend following is a marathon. Trend following is like a slug fest. These are the realities. If you can internalize them and if you can over come them possibly you put yourself in the position of compounding money over time. No one ever tells us which trades will work nor does anyone know the future. I personally believe I will make money in the future, however I never know when and which markets. Trend following is not for everyone. You should only invest with risk capital.
Trading futures and options involves substantial risk of loss no matter who is managing your money and is not suitable for all investors. Past performance is not indicative of future results
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