Showing posts with label Warren Buffett. Show all posts
Showing posts with label Warren Buffett. Show all posts

Saturday, September 15, 2018

Trend following - a simple way to playing the long game

Warren Buffet once said “There seems to be some perverse human characteristic that likes to make easy things difficult.”

A good trend following approach allows you to participate in the equity and other financial markets eliminating a lot of the difficulties.

Your basic rules will tell you:
  • what to do;
  • when to do it; and
  • how much to risk.
You can trade 'parrot-fashion'. No opinions or predictions are required. You simply follow price, see how it interacts with your chosen entry and exit parameters, and only then do you need to do something.