Trend Following - How Great Traders Make Millions in Up or Down Markets

Trend Following: How Great Traders Make Millions in Up or Down Markets
by Michael W. Covel
420 Pages

Spotting market trends in both bull and bear markets is a popular style of stock trading. Trend following is not just about riding the wave u, and hopping off just before it crashes. It is about quantifying risk and knowing when and where to get on and off.

In an interview on Bloomberg Radio with the author (6.5 MB MP3 audio file), the interview has the following to say about trend following:

"Please read [Trend Following] whether you think you have an interest in trend following or are not quite sure. I guarantee you will be happy that you took the time. It, of course, covers how trend following works, how it's done, and who can do it, and it doesn't beat around the bush with generalities. Again, get this book. Covel has hit a homerun with it."

In his book, Michael interviewed numerous successful big-name traders who use trend following and captures how they think and what they practices. You'll learn how to limit risk, employ market discipline and, when the moment is right, swing for the home run. This book covers:

* Provides real proof, real data, real results. Contains 50+ pages of easy-to-understand charts, actual results from top Trend Followers covering decades of actual performance.

* Shows how to apply trend following in your portfolio. Covel walks you through the process, one step at a time, in plain English.

* Gives all the information you need in one number. Why the market price tells you all you need to know to trade.

* Pinpoints targets of opportunity. What to trade, when to trade, and how much to trade.

* Explains how it's done: classic case studies. Who profited from the global scandals of the last 15 years and how they did it.

* Introduces the reader to leading trend followers. Extraordinary trader profiles, including Bill Dunn, John W. Henry, and Ed Seykota

There are many ways of profiting in the market. Trend following is one. It isn't the best one, nor is it the only one. You can still make money with these "old" concepts, and gain practical experience with the psychology of trading.

Get a copy of this book "Trend Following: How Great Traders Make Millions in Up or Down Markets" and ride the market's ups and downs.

Article Source: http://www.wealthmountains.com/articles

About the Author
Keith Choy runs the WealthMountains portal which offers tips, tools and news on path to multiple streams of income. To get the latest news, do signup for his WealthMountains eZine at www.wealthmountains.com/news.htm.

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