Friday, September 14, 2012

The markets have been telling us...

Not a lot to say here today. The trend has been up for a while in the indices and in the long positions I currently hold, and I've simply followed those trends. Nothing much else to do except trail my stops per the system.

No trying to be 'smart', no referring to overbought (or oversold) indicators, no trying to time entries and exits in positions. No intellect required, no studying of economic or earnings reports - just doing what any trend follower would do - follow the trend of the price.

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