Key Takeaways
- • The article argues that no one can reliably predict which market will produce the next major trend, and that trend following's edge comes from staying invested through frequent small losses until a major move arrives.
- • The author positions patience and disciplined risk management (defining risk before entry, cutting losers fast, letting winners run) as the core of a trend-following approach.
- • The piece functions primarily as promotional content, directing readers to a Trend Following Mastery course and the Bull, Bear & Black Swan Report, with no performance data, fund figures, or market specifics provided.
Summary
An opinion piece titled "Let the pot simmer" argues that market participants cannot reliably identify which asset class or trade will produce the next major opportunity, and that attempts to do so through television commentary, analyst reports, or informal tips are unreliable. The author contends that returns in markets come from readiness and patience rather than activity, and that frequent trading driven by short-term impulses tends to erode accounts over time.
The article describes trend following as a process of accepting numerous small losses and extended periods without progress, after which a single trend in an asset such as crude oil, gold, or a currency can offset those losses. The author stresses that this outcome depends on remaining invested through unproductive stretches, citing the risk of abandoning the approach after a prolonged drawdown. Rockefeller and Aristotle are invoked to frame patience as a broader principle.
The prescribed discipline includes building a trusted process, defining risk before entering positions, cutting losing trades quickly, allowing winners to run, and resisting short-term impulses. The author describes trend followers as reacting to price rather than predicting outcomes.
The article closes with a call to action directing readers to the author's systems and research and to a course titled Trend Following Mastery, plus a monthly publication, the Bull, Bear & Black Swan Report. The article does not name specific funds, managers, assets under management, or performance figures.
The article describes trend following as a process of accepting numerous small losses and extended periods without progress, after which a single trend in an asset such as crude oil, gold, or a currency can offset those losses. The author stresses that this outcome depends on remaining invested through unproductive stretches, citing the risk of abandoning the approach after a prolonged drawdown. Rockefeller and Aristotle are invoked to frame patience as a broader principle.
The prescribed discipline includes building a trusted process, defining risk before entering positions, cutting losing trades quickly, allowing winners to run, and resisting short-term impulses. The author describes trend followers as reacting to price rather than predicting outcomes.
The article closes with a call to action directing readers to the author's systems and research and to a course titled Trend Following Mastery, plus a monthly publication, the Bull, Bear & Black Swan Report. The article does not name specific funds, managers, assets under management, or performance figures.
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