''TAKE-WHAT-BEING-GIVEN-BY-THE-MARKET!''

THE PHILOSOPHY OF TREND FOLLOWING IS.....
''TAKE-WHAT-BEING-GIVEN-BY-THE-MARKET!''

''TAKE-WHAT-BEING-GIVEN-BY-THE-MARKET'' WITH A
TRAILING STOP!

IN THE PAST YEARS, NOT MANY FUND MANAGERS CAN
BEAT THE YEARLY INDEX PERFORMANCE, ONLY A
HANDFUL CAN MAKE BETTER RETURN THAN
THE INDEX. OR JUST BELOW THE INDEX.
WHEN A YEAR ENDS, FROM THE FIRST TRADING DAY 'OPEN
PRICE' TO THE LAST DAY 'CLOSING PRICE' STATS, THE INDEX
WILL MAKE A POSITIVE RETURN, HIGHER, OR A NEGATIVE
RETURN, LOWER THAN THE LAST YEAR'S LAST DAY'S CLOSE.
A PRO WILL NOT TRY TO PREDICT WHERE THIS YEAR'S LAST
TRADING DAY CLOSING PRICE WILL END. eg. MUCH HIGHER
THAN THE FIRST DAY OPEN PRICE , OR MUCH LOWER THAN
THE FIRST DAY OPEN PRICE. BUT WILL RATHER
''TAKE-WHAT-BEING-GIVEN-BY-THE-MARKET'' WITH A
TRAILING STOP!
THEY DONT KNOW WHEN THE TOP OR BOTTOM WILL BE
HIT, OR HOW HIGH OR LOW THE PRICE WILL GO.
THEIR PHILOSOPHY IS..
''TO-ENTER-LONG/SHORT-POSITION-WHEN-PRICE-CROSS-OVER-THE-LONG/SHORT-THRESHOLD
-AND-TAKE-WHAT BEING-GIVEN-BY-THE-MARKET-WITH-A-TRAILING-STOP.''

*THE LAST YEAR'S LAST DAY CLOSING PRICE IS THE LONG/SHORT THRESHOLD TO INITIATE LONG OR SHORT POSITION AND A TRAILING STOP TO EXIT THE MARKET, STAYOUT AND REENTER WHEN THE PRICE CROSS THE TRAIL-STOP THRESHOLD.

SIMPLE STRATEGY IS BEST.
*BET A SMALL 1% OF YOUR CAPITAL.OR STRING OF CHOPPY TREND LOSSES WILL WIPE OUT ALL YOUR CAPITAL!
*SMA200 AS LONG/SHORT THRESHOLD AND 5% [FROM PEAK OR TROUGH] AS TRAILING STOP.
*SMA200 AS LONG/SHORT THRESHOLD AND SMA50 AS TRAILING STOP.
*10% AS LONG/SHORT THRESHOLD AND 5% AS TRAILING STOP.
*LEVERAGE WITH EARNED PROFIT.[BET WITH WON PROFIT MONEY]
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FACTS.......
*ALL PRO LOSE IN CHOPPY RANGE-BOUND!
*PRO DID NOT MAKE MONEY EVERY YEAR!
*PRO LOSE MONEY IN SIDEWAY CHOPPY TRENDING YEAR!
*PRO DONT FORECAST OR PREDICT!
*EVERY DAY, EVERY WEEK,EVERY MONTH,EVERY YEAR,
THERE WILL BE SOME 'EXPERT' WITH BIG EGO SHOUTING FROM THEIR ROOF-TOP THAT MARKET WILL TOP OR BOTTOM! AND OF-COURSE, SOME DAY, SOME WHERE THEY WILL BE RIGHT! A BROKEN CLOCK WILL BE RIGHT TWICE A DAY!
Posted by WEIRD-ENGLISH-WRITER
http://weirdenglishwriter.blogspot.com/