Trend following is an exercise in observing and responding to the ever-present moment of now
Ed SeykotaI think that if people look deeply enough into their trading patterns, they find that, on balance, including all their goals, they are really getting what they want, even though they may not understand it or want to admit it.
Ed SeykotaCharting is a little like surfing. You dont have to know a lot about the physics of tides, resonance, and fluid dynamics in order to catch a good wave. You just have to be able to sense when its happening and then have the drive to act at the right time.
Ed SeykotaMy style is basically trend following, with some special pattern recognition and money management algorithms.
Ed Seykota