Do all trend followers start as trend followers? No.
Recently I spoke with a top trend follower who spent the first 15 years of his career trading, following and providing analysis on one market alone. He did not focus on other markets. How did he change?
His wakeup call came from another trader who was trading trends over multiple markets and spending little time to do it. How could this trend trader be doing other things during the day and not be focused on the constantly changing news and fundamentals. His lesson took quickly — trend followers are not glued to screens during the day watching quotes. They trade systems and systems give flexibility.
A few years later, and after a bunch of hard work, the transition from trading one market was made. He now trades multiple markets relying on the “price” as his trading trigger for entry, exit and position sizing.
