JWH is volatile as hell, no doubt. But come on Surf, they have had 100%+ yearly returns in the past. Your arguments, as usual, are weak. You are the one who always preaches" you have to take risk !". You routinely have huge drawdowns with your trading calls. You go for the kill and like to "ride the trend waves". Surf.....hate to say it...... You are a lot like a trend follower !! Hilarious.
Bill Dunn's investors have made a FORTUNE over time. He has some big drawdowns, and some monsterous returns. If you read about Dunn he actually interviews his potential investors, warns them about volatility, then he decides if he wants then to invest. He basically says "this is what I do......if you don't like it go invest elsewhere". The guy is one of the best traders ever to play game.
I am in the book, so I am well versed in its content. In addition to actively placing capital with funds-- I know a little. I agree, it's a good book. While there is a very short term edge ( less than 7 days time) when buying stocks that have pulled back, extensive studies on literally 10000's of trades have clearly shown no edge exists with this tactic over the longer term used in "trend following". Now if you insist that every tic is a trend like a popular guru type on this board does, there is really no sense in chatting. I disagree with your statements and definitions. Definitions are definitions regardless of whom espouses them. Regards. Surf
I'm a trend rider and anticipator.( although I hate that term, despite my llc's name) Not a trend follower. Big difference. Surf
Oh yes...I know the difference. You stand in front of the wave, let it smack you, flip you around, bury your face in the sand, kick the crap out of you.....and if lucky you are still on board as the wave heads back to sea. Trend followers Let that wave hit the beach, jump on as it heads back out to sea, and ride it to the land of huge gains.