Changed Quote by Richard Dennis
“A good trend following system will keep you in the market until there is evidence that the trend has changed.”
About This Quote
Source Book: Market Wizards, 1995
A trend-following approach stays invested until clear evidence shows the trend has reversed.
In simple terms: Stay in market until trend changes.
Key Takeaway
Follow trends, exit on reversal signals.
Themes
trading
trend following
risk management
Mood
pragmatic
focused
Type
financial
strategic
When to use this quote
- stock markets
- commodity trading
- forex markets
Key Concepts
technical analysis
momentum
Questions to Reflect On
- How do you define clear evidence?
- What signals trigger your exit?
A Different Perspective
Markets can stay irrational longer than expected.
![“Next came the Patent laws. These began in England in 1624; and, in this country, with the adoption of our constitution. Before then [these?], any man might instantly use what another had invented; so that the inventor had no special advantage from his own invention. The patent system changed this…” quote by Abraham Lincoln](https://sms4smile.com/quotes/img-quotes/449/abraham-lincoln-88_adoption_next-came-the-patent-laws-these-began-in_1828.jpg)
