Want to take the financial journey to a new investing philosophy that
might very well affect the rest of your moneymaking life? No one can
guarantee the yellow brick road, but Michael Covel promises the red pill
will leave you wide freaking awake.
Trend Following reveals the truth about a trading strategy that makes
money in up, down and surprise markets. By applying straightforward and
repeatable rules, anyone can learn to make money in the markets whether
bull, bear, or black swan--by following the trend to the end when it
bends. In this timely reboot of his bestselling classic, Michael Covel
dives headfirst into trend following strategy to examine the risks,
benefits, people, and systems. You'll hear from traders who have made
millions by following trends, and learn from their successes and
mistakes--insights only here. You'll learn the trend philosophy, and
how it has performed in booms, bubbles, panics and crashes. Using
incontrovertible data and overwhelming supporting evidence, with a
direct connection to the foundations of behavioral finance, Covel takes
you inside the core principles of trend following and shows everyone,
from brand new trader to professional, how alpha gets pulled from the
market.
Covel's newest edition has been revised and extended, with 7 brand new
interviews and research proof from his one of kind network. This is
trend following for today's generation. If you're looking to go beyond
passive index funds and trusting the Fed, this cutting edge classic
holds the keys to a weatherproof portfolio.
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Meet great trend followers learning their rules and philosophy of the
game
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Examine data to see how trend following excels when the you-know-what
hits the fan
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Understand trend trading, from behavioral economics to rules based
decision-making to its lambasting of the efficient markets theory
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Compare trend trading systems to do it yourself or invest with a trend
fund
Trend following is not prediction, passive index investing, buy and hope
or any form of fundamental analysis. It utilizes concrete rules, or
heuristics, to profit from a behavioral perspective. Trend Following
is clear-cut, straightforward and evidence-based and will secure your
financial future in bull, bear and black swan markets. If you're finally
ready to profit in the markets, Trend Following is the definitive
treatise for a complex world in constant chaos.
