Trend Following Stocks-Russell Sands-Turtle Traders
These are comments found by Russell Sands and www.tradewins.com
Market Trend Signal™ is a trend following trading system. It subscribes to the exact trend following philosophy that he is discussing in this video.
Why does trend following work?
1. It is a statistically valid concept to have a “bias” in the otherwise random drift or a series of numbers.
2. It is as simple as Newton’s Law of Physics, a body in motion tends to stay in motion, a body at rest tends to stay at rest. A trend is nothing more than a momentum in a series of price movements.
3. The markets only allow a few people to make money, and the majority of traders, regardless of what they might think, or say, do not know how to do it correctly (trend following).
4. The markets exhibit maximum perversity. This means that the trends will only come about after most of the people have lost most of their money and have already given up in disgust. Then, when they do come, and nobody believes it anymore, eventually these people have to start chasing the market, and that’s what make the trend continue. Watch this Russell Sands movie as he discusses trend following.
Market Trend Signal™ trend following stocks trading system. Click the link below for your free trial.
Jesse Webb
Market Trend Signal™
Trend Following – Stock Ratings – Market Timing
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