|
"The trend is your friend until the end when it bends."
—Ed Seykota
"The market is never wrong-only opinions are."
—Jesse Livermore
"A good trader watches his capital as carefully as a professional scuba diver watches his air supply."
—Paul Tudor Jones
"Amateurs focus on predictions. Professionals focus on price action."
—Anonymous
 |
|
I focus on momentum, the core principle of trend following. Others believe in fundamentals, economic reports, financial statements, crop yields, or even weather forecasts.
In a volatile, uncertain, complex, and ambiguous world, there's only one thing that matters: price momentum.
If the price is going up, you're long. If the price is going down, you're short.
Price, the ultimate truth.
|
|
|