Sunday, July 22, 2012

Some trend following thoughts

"It often seems that trends create events more than events create trends. The event itself is usually a reflection of everyone "getting it" as Ed Seykota calls it "an aha". By this time, trend followers usually have well-established positions". - Jason Russell, trend follower


"The perfect speculator must know when to get in; more important he must know when to stay out; and most important he must know when to get out once he's in" - Anon

"Price makes news, not the other way round. A market is going to go where a market is going to go" - Peter Borish, second in command to Paul Tudor Jones.

If you take emotion - would be, could be, should be - out of it, and look at what is, and quantify it, I think you have a big advantage over most human being" - John W Henry, trend follower

"I always say you could publish trading rules in the newspaper and no one would follow them. A key is consistency and discipline" - Richard Dennis, trend follower and father of the Turtle traders project

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