The idea of trend following is that you have a (backtested) long term statistical advantage. "Long term" means, almost by definition, that there will be periods, often extended ones, during which it doesn't do very well. If if hasn't rained in a long time, is umbrella manufacturing finished?
since assets peak his performance was negative. most probably he lost more total money for investors than he made. he might be the owner of 15 burj dubai, it won't change the fact that he did not add value to investors pockets. BAD BAD VERY BAD manager. on a trading hall of fame he should be placed below the floor.
The market naturally wants to drop and drop big because there is no demand. The Fed won't let the market drop at all cost with QE infinity. So the market is just stagnant and rising slowly and moving artificially based on the Fed's moves. Then you have the HFT driving prices up and down in unsustained short term moves.
Surely it would be logical to have the crash now, just after the Socialist-In-Chief's reelection? He's got four years to play with.
am I the only guy that's doubled his money since 2009? and that was just sitting long in an index fund
not wiped out, it's all cash, no margin, I went 50/50 bonds/stocks in 2000 and due to a timely divorce had to liquidate 2007. up well over 1000% since 1988. I know damn well I'll have to go 100% cash here pretty soon but I have a lot of margin for error at anyrate, not sure why anybody is complaining if they have just been long but then again, I don't pay 2 and 20