A proven approach to trading success based on the best commodity trading advisors Profiting from long-term trends is the most common path to success for traders. The challenge is recognizing the emergence of a trend and determining where to enter and exit the market. The Trend Following Bible shows individual traders and investors how to profit from this approach by trading like today's top commodity trading advisors. In this book, author Andrew Abraham stresses the importance of a disciplined, consistent methodology, with stringent risk controls, that allows you to catch big trends, while limiting losses on unprofitable trades. By trading in this manner, he shows you how to successfully achieve market-beating returns over the long term and multiple your trading capital along the way. Engaging and accessible, The Trend Following Bible will put you in a better position to profit as you make more informed trading decisions.
Andrew Abraham gives a very informative and broad overview of Trend Following. He talks about the habits of successful trading. He is not giving a procedure to follow but provides a glimpse of his overall approach to trading. He keeps repeating the many pitfalls of traders. According to him until we have internalized the principles of trading, we will keep making the mistakes. Some ideas are repeated over and over again and that is the only thing to be disliked about this book.
Interesting ideas and good examples but far too repetitive.
What I really like about the book is, that the downside of trend following is explained. Other authors focus too much on the positive side, that is definitely not the case here.