Welcome To Trend Following University!
My name is Scott Cole and I created this site to provide an educational resource that puts a different spin on the concept of Trend Following. You see, what I have found is that most people who discuss this concept are coming from the point of view that a trend following strategy must be followed systematically. However, given that most trend following systems are subject to steep drawdowns, they are very difficult for most individuals to trade with discipline.
Yet, one of the most famous of all trading strategies, the Turtle System, taught by Richard Dennis and William Eckhardt, was NOT meant to be traded systematically. In fact, Dennis encouraged his students in the Turtle program to add their own bit of flair in trading the system he provided. He provided basic rules to follow, but also provided discretionary factors to consider as well.
The reason that trading systems are so popular is that most people are in search of the Holy Grail of trading, and there are plenty of system vendors out there willing to provide that to them. Unfortunately, since markets rarely act the same from one year to the next, these systems tend not to do well over the long run.
My goal at Trend Following University is to provide you with as many tools necessary to improve your trading and to help you become consistently profitable year after year.
Trading Futures and options involves a significant risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation.
Incoming search terms:
- trend university
- @eckhardttrading com
- spin on turtle trading strategies
- william eckhardt trading strategy