I am not a big fan of trading books, but I found Covel's Trend Following an interesting read at Barnes and Noble.
Particularly, the Donchian breakouts on the daily 89. There were several other techniques mentioned.
The real proof in the pudding were the metrics provided on the investment companies that use Trend Following strategies. Mostly +15% to +100% gains each year, with some mediocre drawdowns.
I was wondering if any of you have used any of the said strategies effectively.
-TD
Particularly, the Donchian breakouts on the daily 89. There were several other techniques mentioned.
The real proof in the pudding were the metrics provided on the investment companies that use Trend Following strategies. Mostly +15% to +100% gains each year, with some mediocre drawdowns.
I was wondering if any of you have used any of the said strategies effectively.
-TD