MONSTER TRADING SYSTEMS: FOREX DOMINATOR.........USDDKK......Up 1,025 pips or 1,025%......Very Good Trade!!!! (click on picture)

QUOTES from TREND FOLLOWERS

"I feel sorry for the traders who watch CNBC all day, every day. they hope to eek out some competitive advantage from the comments of some guy who has never traded an S & P contract in his life. Even if the media happened to have something relevent to say, the news is already reflected in the open, high, low, close, open interest and daily volume" Christian Baha
CEO Superfund
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"They say that patience is a virtue. For me patience is synonymous with discipline. You must have the discipline to know that markets change and poor periods are followed by good periods. Longevity in this business - I have seen it again and again - is measured by discipline." John W. Henry

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"You have to keep trading the way you were before the drawdown and also be patient. There's always part of a trader's psyche that wants to make losses back tomorrow. But traders need to remember you lose it really fast, but you make it up slowly. You may think you can make it up fast, but it doesn't work that way." David Druz

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"It often seems that trends create events more that events create trends. The event itself is usually a reflection of everyone "getting it" as Ed Seykota calls it, "an aha." By this time, the trend followers usually have well establisded positions." Jason Russell

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"Some people seem to like to lose, so they win by losing money." Ed seykata

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"We love volatility and days like the one in which the stock market took a big plunge, for being on the right side of moving markets is what makes us money," A stagnant market in any commodity, such as grain has experienced recently, means there's no opportunity for us to make money." Dinesh Desai

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"There's nothing quite as good or bad as trading. They give you a number every day. That's what's good about it, and that's what's bad about it. That's what makes it hard. That's what makes it worth doing." Richard Dennis

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"If all it took to beat the markets was a Ph.D. in mathematics, there'd be a hell of a lot of rich mathematicians out there." Bill Diers

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"This ain't clipping coupons. No risk, no return" Anonymous
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"Men's expectations manifest in trends." John W. Henry

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"Fish see the bait, but not the hook; men see the profit, but not the peril" Chinese Proverb

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"Whenever we get a period of poor performance, most investors conclude something must be fixed. They ask if the markets have changed. But trend following presupposes change" John Henry

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"The trend is your friend except at the end when it bends" Ed Seykota

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Markets aren't chaotic, just as the seasons follow a series of predictable trends, so does price action. Stocks are like everything else in the world: They move in trends, and trends tend to persist.

Jonathan Hoeing
Portfolio Manager,

Capitalistpig Hedge Fund LLC

MONSTER TRADING SYSTEMS

Friday, June 4, 2010

FOREX DOMINATOR.........USDDKK......Up 1,025 pips or 1,025%......Very Good Trade!!!! (click on picture)

QUOTES from TREND FOLLOWERS

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