Category Archives: Trend Following

Quotes by Great Trend Traders

Quotes by some of the greatest trend traders, which are relevant to the way trend followers trade.  “When you have a position, you put it on for a reason, and you’ve got to keep it until the reason no longer exists. Don’t take profits just for the sake of taking profits, you have to have… Read More »

The Story of Richard Dennis and the Turtles

Richard J. Dennis, a commodities speculator once known as the “Prince of the Pit’, was born in Chicago, in January, 1949. In the early 1970s, he borrowed $1,600 and reportedly made $200 million in about ten years In contrast to the vast majority of floor traders, who quickly scalped trades throughout a trading day, Dennis… Read More »

What is Trend Following?

Investopedia.com definition of trend trading is it is a trading strategy that attempts to capture gains through the analysis of an asset’s momentum in a particular direction. The trend trader enters into a long position when a stock is trending upward (successively higher highs). Conversely, a short position is taken when the stock is in a… Read More »