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The Importance of Patience in Trend Following
Bob Greene: Trend following is a process that gets you on the right side of major trends and does really well in that environment. But it also does a great job of identifying bad environments and protecting your capital, he says. "Just because you have a good process doesn't mean you're going to be able to make money," writes Greene. 'If I'm anxious about wanting to buy a stock like Riot ... there's a whole bunch of other ones that look like they're trying to come back again'