How did John W. Henry become rich enough to buy the Boston Red Sox? How have traders like Ed Seykota, Bill Dunn, Jerry Parker, and Keith Campbell consistently generated immense profits in both bull and bear markets? The answer is Trend-Following: the only long-term trading strategy proven to consistently make money. Author Michael Covel pulls back the curtain on Trend-Following, showing you exactly why its been such an unheralded–yet successful–approach in all the major asset classes…stocks, bonds, currencies and commodities.
Mr. Covel rigorously analyzes historical data to definitively prove that Trend Following works. He goes right to the source for insight from some of the best trend followers ever–traders who’ve made a living limiting risk, employing discipline and swinging for the home run trades. You’ll also learn: Why the market price tells you all you need to know to trade…how to pinpoint ideal trend following targets of opportunity…and exactly how the savviest trend followers positioned themselves to capitalize on the price-moving major market shocks of the past 15 years.