Do not delude yourself. You will not instantly become successful the minute you finish reading this manual. You run the possibility of making your money over a long series of trades. You need to have realistic expectations of yourself and my trend following methodology. Once you internalize the fact that you will make your money over a series of trades, it makes it a lot easier to handle the inherent losses when trading. You will come to grips with the fact that any trade in any month or any year does not really matter as long as you have kept your losses small.
Too often, people start trading with dreams of becoming rich overnight. I am of the belief of trying to compound your money over time. I do not like taking big risks when I trade. It's much safer to maintain a trading strategy that will allow your account to grow at a slower pace over time, which can ultimately be used for retirement or a child's education.
Compounding your way to wealth is not a get rich quick endeavor.
There will be no surprises when you trend follow as I outline in the book. You will have losses. You will have long periods when you might not make money, but if you stick with the strategy and stay in the marathon, you stand the potential to compound money over time.
My goal is to give you the realistic picture that I have personally encountered over the last 18 years of my trend following career. Trend following is not retirement in a box! You will have to ...