Getting the Most Out of This Method
Andrew Abraham
Abstract
Andrew Abraham
Abstract
The goal of this book is to give you the realities of trend following. I am giving you my trading plan. It is not perfect nor the holy grail. However, use my trading plan as a start to build your personal trading plan. You need to choose either being right or making money when trend following and learning how to trade for a living. There are basic tenets that need to be conformed to when trend following. You need to have reasonable expectations and accept the inherent uncertainty and risks with any trading system or trading methodology. The goal of developing your trading methodology is that you can follow your trading plan for the rest of your life and compound your money.
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The goal of this book is to give you the realities of trend following. I am giving you my trading plan. It is not perfect nor the holy grail. However, use my trading plan as a start to build your personal trading plan. You need to choose either being right or making money when trend following and learning how to trade for a living. There are basic tenets that need to be conformed to when trend following. You need to have reasonable expectations and accept the inherent uncertainty and risks with any trading system or trading methodology. The goal of developing your trading methodology is that you can follow your trading plan for the rest of your life and compound your money.
Key concepts: Holy Grail, Plan (archaeology), Rest (music), Electronic trading, Algorithmic trading, Trading strategy, Alternative trading system, Business