Also, does a trend follower need to be in the market all the time in order to catch the big move?
2. No, he just needs to be in for the big moves, and it’s also nice to be out during choppy whipsaw markets. 3. The trend following strategy does not anticipate anything. The trader might anticipate a top or a bottom, and stick to his system anyway. Well, if it’s on the news, then you can bet on it. Of course, you might very well lose your bet, or miss a good one. Trend followers do not trade in anticipation of anything, nor do they try to figure things out. They simply go with the trend. Figuring-out and anticipating events are things that fundamentalists, and weathermen do. They engage the processes of analysis and anticipation, with similar results. The best ones learn simply to predict the trend will continue for a while. Long-term trading has an advantage, in that the transaction costs are small relative to the average move. Some traders might find it difficult to sit tight through prolonged corrections. Sounds like you are coming around to the idea of trading moves, rather than m
