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How to Explain Trend Following to the Average Investor
You have a hard time explaining or convincing people of the power of trend following to just the average investor. The less is more I think if you don't want to understand it you won't and so I think it's probably a really good idea to limit your losses proper money management. You've heard a million hedge fund people talk about that certainly diversification is a key currencies commodity stocks bonds long shorts we can put together a portfolio that's very diverse in the momentum does momentum work.