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I know its possible to make more, if one is willing to accept more downside risk potential. But then who knows where the Uncle Point is?

April 26, 2017downside knows point possible potential risk Uncle willing

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I know its possible to make more, if one is willing to accept more downside risk potential. But then who knows where the Uncle Point is?

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I feel I have a solid grasp of trend following principles and I am rather convinced there is no other way to go, unless I am willing to gamble and pay the corresponding price (Jesse Livermore comes to my mind). Yet I feel that trend following can be very demanding and boring, beginning with the programming, data collection, back-testing and system design process, to data update and execution of trades (as a matter of fact I wonder how traders like you could make your way in the old days, without the computer resources we have nowadays).