Home Run
Slow everything down.Don’t compete with the phony speedof society. Be a snake.Coil and strike when thetime is right.
Some companies, and individuals, stress the short-term performance of trend followers. They look at one month’s performance, see a down month, and panic. They have complete ignorance of the long-term objective—big money.
How bad can it get? I have seen trend following traders make 100 percent in a year followed by a year where they lost 5 percent. That 5 percent loss causes some critics to not see the 100 percent number. That is insane thinking.
Just like a baseball player’s batting average can have short-term up or down streaks over the course of a season, trend followers have streaks. Trend following performance will ...
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