Why is Cattle Prices Moving Higher- Trend Following

I had this question posed to me, however I had no answer. No one rings a bell when a market starts to trend. More so, we do not know when the trend will end. We use rather simple ideas to get us in….we use rather simple ideas to follow and to try to capture some of the profits. This is what trend following is. Making small bets, realizing most trades will not work out, letting our profits run when a trend starts. More than that…it is all a mental game. How can one feel good when trade after trade goes no where at best and in reality ends up losing money. Trend Followers need mental fortitude…

 

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THE RISK OF LOSS IN TRADING COMMODITY FUTURES, OPTIONS, AND FOREIGN EXCHANGE (“FOREX”) IS SUBSTANTIAL.