Many "experts" talk shit about systematic trend following, then write books teaching investors to:
• Diversify
• Respect price
• Follow trends
• React instead of anticipate
• Stay flexible and adapt when markets change
• Avoid deciding a market is "too high" or "too low"
• Accept that calling tops and bottoms often means missing some of the biggest moves
• Cut losses
• Let profits run
• Focus on the size of your winners, not how often you're right
• Manage risk relentlessly
The only thing that will matter in the future when it comes to content: is it good or bad? Knowing whether it’s AI or not when it comes to video, images, audio or text—a losing game.
Congrats to my high school friend Frank Fumich. He just summited Everest. A few years back he came on my podcast and shared his wild life chasing extreme athletic feats. Now he’s gone and conquered the biggest one of them all.
That relationship, job, or city that stopped feeling right years ago?
The trend broke.
You just refused to acknowledge it.
Breakdowns are data, not failure.
Clemson is $1.5B in debt. Syracuse is closing or pausing 93 programs, UNC-Chapel Hill plans to cut spending by $89M over 3 years. Duke recently let 600 employees go in a $350M budget cut. Indiana public colleges announced a plan to eliminate or merge 580 programs statewide.
Perhaps the most unusual compliment I’ve ever received:
“Thanks Michael. I am happy to let you know that this my 14th month of forex trading on Pocket Options. I have reached 67% win rate following your tutoring.”
Maybe he got me confused 😂