More on ‘Shorter’ Trends
Feedback today:
“Wanted to add a comment to the 12/20 comment on shorter trends. I can relate. In my opinion, and with 7+ years experience, I believe what constitutes “a trend” is much like beauty, it’s in the eye of the beholder. It is very subjective…I, for instance, perceive markets in terms of “trends” that generally last from several days to several weeks. While I may trade a particular market 12 to 15 times in a year, the LT trend followers may only trade it once of twice.”
Short term trading is doable, but you better be Jim Simons or Toby Crabel. And you better figure out how to handle commissions and execution costs that will always be there to eat away profit. I add a brief new comment on this in the new edition of Trend Following in the appendix.
