Trend Following -

Author: Editor: Michael J. Covel (USA)
Publisher:
Publish Date: 2006-12-01
Features: This book has long ranked among the top-selling trading books on Amazon.com. It tells the stories of lesser-known but highly successful traders and how they trade. The content includes the history of trend-following strategies and the tales of great trend-following traders who emerged as victors during major market events. Trend-following strategies attract everyone interested in trading, investing, and markets. Why? Because the trend-following approach is applicable to all markets, transcending geopolitical, cultural, and linguistic boundaries. For investors in any country, it is the world's best long-term investment strategy. Whether in a bull or bear market, trend-following strategies offer extraordinary profit opportunities, and some traders have become billionaires through this method. In this book, author Michael J. Covel rigorously analyzes historical performance data to prove the effectiveness of trend-following strategies. This compelling data comes from insights into some of the top trend-following traders—how exactly do they limit risk and persistently execute high-profit swing trades? After conversing with billionaires, you will discover how to apply this strategy to your own investment portfolio. Michael J. Covel also breaks down several common misconceptions in this book, such as the notions of "long-term holding" and "fundamental investing."