Mutual funds & index investing are dead. How many more decades can you go with either no or negative performance? The Fed, politicians & Social Security are no solution. There is an alternative. Trend following trading systems have produced above average returns in stocks, futures, currencies, LEAPs®, ETFs & commodities in both bull and bear markets for decades. We teach trend following systems designed to deliver the chance for all traders in all countries to make out-sized market profits with a systematic & non-emotional plan of attack.


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Trend Following

Archive for the ‘Not Wall Street’ Category

To Wit

From Barrons.com today:

Those who jump off a bridge in Paris are in Seine.

A man’s home is his castle, in a manor of speaking.

Practice safe eating—always use condiments.

Shotgun wedding—a case of wife or death.

A man needs a mistress just to break the monogamy.

A hangover is the wrath of grapes.

Reading while sunbathing makes you well red.

When two egotists meet, it’s an I for an I.

A bicycle can’t stand on its own because it’s two tired.

What’s the definition of a will? (It’s a dead give away).

She was engaged to a boyfriend with a wooden leg but broke it off.

If you don’t pay your exorcist, you get repossessed.

The man who fell into an upholstery machine is fully recovered.

A lot of money is tainted—taint yours and taint mine.

He had a photographic memory that was never developed.

Once you’ve seen one shopping center, you’ve seen a mall.

Bakers trade bread recipes on a knead-to-know basis.

Santa’s helpers are subordinate clauses.

Acupuncture is a jab well done.

Ground Rules

The ground rules for participation here are simple: no crazy talk, threats or extreme cursing in comments or emails are allowed. Do so and it is an instant ban. And if you are banned please refrain from trying to use multiple new aliases. Our system spots that type of behavior and new comments under new names will not appear.

Earl Weaver: A Baseball Man

I grew up watching the Baltimore Orioles and can still pretty much from memory name their starting teams from the late 70s and early 80s Their manager at the time Earl Weaver, and he won a ton, believed in the home run (from my book ‘Trend Following’):

“Earl Weaver designed his offenses to maximize the chance of a three-run homer. He didn’t bunt, and he had a special taste for guys who got on base and guys who hit home runs.”

Some classic Earl (NSFW or kids):

Shout out to Jeff Anderton.

A Little Note on Posting

I welcome everyone’s contribution here. Post away. However, as you take my offer keep in mind that this is not a playground. Abusive language, threats, and random crazy behavior will result in moderation or the deletion of posts — no warning. Some very bright people make it through this site on a regular basis and respecting their time is part of what we do here. So if you have a need to fight, scream, bark or otherwise act like an ass…you won’t be long for here.

Apple Beats Microsoft

Apple has now passed the value of Microsoft. Wow.

I remember back in the day using my LC III in grad school. I was the only one. Took some heat from friends, but even then it was clear that Bill Gates had no vision beyond his initial OS (which then and now was/is awful).

Mac has always made life easier. Nothing new there.

Where to Start on Making Yourself a Life?

Feedback in tonight:

Hey Mike, I know your a busy guy, but I think your a great guy to ask this question to! I’ll try and be brief. Background: I’m 26 years old, 1st Class Economics graduate. Since the age of 14 I have always been entrepreneurial, wheeling and dealing etc. I’ve dabbled in trading, import/export etc. Recently, I’ve been going more towards professional gambling and trading. It’s tough starting out, I don’t work (never had a real job) and hard to build up from scratch. I have been offered a job with N.C.R (ATM people) and the money is quite good, it’s a graduate sales position. However, I think I would be selling out getting a job. Deep down I know I don’t want to do it long term etc, I have zero part of me that wants to work in an office or even work for someone else for a long period of time. My question to you is, if you were giving advice, would you say “do the job, try save some of the money, and then use this for your other money making ventures.” Or “fuck the job, it will grind your entrepreneurial spirit out of you, you will end up there for years, and live to regret it.” I’ve watched your movie broke etc, guys like Larry Hite are my hero, and I see so many similarities between myself and guys like that, characteristics, backgrounds etc. Anyway any thoughts? Much appreciated when you have the time.
Cheers,
Barry from Scotland

There are no short answers (or cuts), but I have some views:

1. Read Trend Following.
2. Read The Complete TurtleTrader.
3. Watch my film Broke (I know you have, but everyone is seeing this answer).
4. Read my other recommended books here. Don’t underestimate what I have on that list. Those books changed my life.
5. Watch The Godfather.
6. Watch The Godfather II.
7. Watch No Country for Old Men.
8. Watch Patton.
9. Watch V.
10. Sit down with me for a few days of consulting and I can map out for anyone a successful way to approach taking on life. There is a formula.

That’s 15 years of ‘the school of hard knocks’ in 10 easy steps.

My New Sponsorship: Little League Team

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Publishing Hell

Recently Barry Ritholtz posted about Michael Lewis’ new book. He was making a point about a dealing with publishers and Amazon. So true! Writing a book and navigating these waters is often a not fun experience. Just today I received a deal note that one of the foreign publishers for my book “Trend Following” was now set to release it in electronic format in Russian. Good news? Sure, but wow what a slow and inefficient process. You would think this could all happen in a concerted, organized fashion. It doesn’t. Bottom line, authors control very little except the content of the book!

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Market Wizard Interviews


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