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.