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Michael Covel's Blog: The Trend Following™ Manifesto | Profitable Students in 70+ Countries
Saw this excerpt tonight:
The hard stuff is measurable, quantifiable and easy to put into a spreadsheet [i.e. trend following performance]. This concrete stuff gives you an easy way to demand a bonus or track progress.
The soft stuff is merely essential, the real reason you do what you do [i.e. the philosophical foundation behind why trend following works].
Ironically, then, hard is easy and soft is difficult.
Spot on. The bold is me.
Tags: hard, psychology, soft, trading, Trend Following
Michael Covel is president of Trend Following™, a privately owned research firm with clients in more than 70 countries. He is the four-time bestselling author of The Little Book of Trading, Trend Commandments, The Complete TurtleTrader, and the classic Trend Following. His books have been translated into 10+ languages and Trend Following was named best trading book of the last 15 years. His first film, a documentary, is Broke: The New American Dream. Extended Biography.
