Follow That Trend by Michael Covel and Justin Vandergrift
ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:2 (32-36): Follow That Trend by Michael Covel and Justin Vandergrift
Even if you are a trend-follower, you still have to be a systematic trader. Here's why you still have to manage
drawdowns when the market is not trending.
As so often happens, it's not the answer that is wrong, but the question. People ask me how long trend-following trading will last. Well, there is no reason trend-following should ever stop. Only if markets
were to go sideways forever would trends cease to exist and therefore trend-following cease to work.
Trend-following traders respond to what...