Commodity Trading & Trend Following

Many do not have patience and can’t wait to ring that cash register. They want to reach a profit target. I let my profits run when I am trend following. I know that I do not know the future and I diligently follow my trading plan. I believe in my methodology and plan to let [...]

Before I even attempt to answer, How long do you think it takes a doctor to learn his skills? How long do you think it takes a lawyer to learn the law? I can keep on going but you get the idea. As much as trend following on its own is simple in nature, it [...]

I just returned from the Alphametrix conference in Florida. What struck me was a commodity trading advisor who now is managing in excess of $600 million dollars. When he started he only had a small trading account and to make matters worse was his first two years he was down -3% and the next year [...]

One of the biggest misnomers of trend following is that you need up to the minute information and speed. Supposedly, the faster the better.
Well the reality is, No…Forget about having the fastest computer or up to the millisecond of information. In my personal experience this is not what is needed as well as you can [...]

Yesterday was an interesting day for trend followers. Many CTAs as well as myself have been long corn for quite some time. Without warning as gaps occur corn fell approx 40 points or a loss of $2,000 a contract. This is the reality when trend following. The unexpected needs to be expected. Always trade with [...]

Is it intelligence or simply that successful trend follower’s work harder? Do successful trend followers have better trading systems or computers? Why do the vast majority of beginning traders fail? One has to take into account most beginning traders are successful in their own right. Many unsuccessful traders include professionals such as pilots, engineers, doctors [...]

Clearly Trend following is not easy as we are not all rich. I sent over to various colleagues to review my manual that I will be teaching for Trend Following.
I would like to present one review by Benjamin Smith

ADM Investor Services International
benjamin.smith@admisi.com
Phone no is [...]

There is More To Trend following Than Just Having a Strategy! Too many market participants never even concern themselves with the critical factor of having the proper mental state when trading.
With a proven, reliable and robust trend following strategy, you’ll have a map for your trading future and a guideline for your potential success. You’ll [...]

Maybe Charles Biderman is correct. Maybe Gold will go to $4000 or $5000. I have no idea nor do I really care. The point in which I went from being a consistent losing trend follower to being a trend follower who trades for a living, was once I learned I can not predict. I learned [...]

I read this morning an article stating the Bill Miller from Legg Mason Value Mutual funds that stocks are cheap. As a trend follower I know that cheap can get cheaper. Bill Miller as much as he beat the SP 500 for 15 years imploded during the recent bear market. The shares of LMNVXLegg Mason [...]