Book description
Trend Following is the only long-term trading strategy proven to profit consistently in bull and bear markets alike. Now, Michael Covel demystifies this little-known strategy, using hard performance data to prove its extraordinary value. Covel introduces you to great traders who've built enormous fortunes with Trend Following--including Boston Red Sox owner John W. Henry, Bill Dunn and legendary Ed Seykota. You'll learn exactly why stock prices contain all the information you need to ride trends--and profit.
Table of contents
- Copyright
- Praise for Trend Following
- FT Prentice Hall Financial Times
- Financial Times Prentice Hall Books
- Preface
- Acknowledgments
-
Part I
-
1. Trend Following
- The Market
- Winning and Losing
- Investor v. Trader: How Do You See the World?
- Fundamental v. Technical: What Kind of Trader Are You?
- Discretionary v. Mechanical: How Do You Decide?
- Timeless
- Has Trend Following Changed?
- Trend Following Modus Operandi: Follow Price
- Follow the Trend
- Handling Losses
- Conclusion
- Key Points
- 2. Great Trend Followers
-
1. Trend Following
-
Part II
- 3. Performance Data
- 4. Big Events in Trend Following
- 5. Baseball: Thinking Outside the Batter’s Box
- Part III
-
Part IV
- 10. Trading Systems
- 11. Conclusion
- A. Personality Traits of Successful Traders
- B. Trend Following Models
- C. Trading System Example from Trading Recipes
- D. Modern Portfolio Theory and Managed Futures
- E. Critical Questions for Trading Systems
- Resources
- Endnotes
-
Bibliography
- About the Author
Product information
- Title: Trend Following: How Great Traders Make Millions in Up or Down Markets
- Author(s):
- Release date: April 2004
- Publisher(s): Pearson
- ISBN: 9780131446038
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