Embrace Trend Following, Says Covel

I don't care about either of these politicians.

 

I think you missed the point entirely. Have a look at a portion of his much talked about response to President Obama's speech.

http://www.youtube.com/watch?v=2JIE...EC266487&playnext=1&playnext_from=PL&index=30

Focus on the delivery. (Think Mr. Rogers.)

 

we need trend traders for liquidity when selling into their breakout orders and buying when they place their breakdown orders! go covel!

 

how much of a cut does marketsurfer get to keep name dropping clueless sponsors and ex-sponsors???

 

waste of time.

 

very true. the public are trend followers by default and we all know what happens.

surf

 

I managed about 1 minute of the video.

I can't stand all those deliberate pauses. It was overdone before Obama stepped on the stage.

The speech patterns that lying bastard politicians use. We are supposed to look at those "earnest" expressions and believe that the orator is spontaneous and carefully considering what he is saying and not just reading a well rehearsed speech.

For me the delivery spoils the message.

 

The trend following "public" actually tends to make money until the turns. It's the turns that get the ones asleep at the wheel. You, on the other hand, have called at least 15 of the last 3 or 4 turns.

 

Smarmy, eh? So then you understand my Bobby Jindal reference.

 

And oh boy, do us trendfollowers love all those "traders" trying to religiously fade each and every breakout/breakdown. Bring it on!