Tuesday, October 28, 2008

GGBLOG - Befriending the Trend

I'm currently reading Trading with DiNapoli Levels by Joe DiNapoli.

Pretty cool book and finding very entertaining. Joe is a funny guy and often makes jokes about programmers that he's worked with over the years.

Whether your like Warren Buffet and trade based on fundamentals or like Joe who trades based on statistical analysis, I'm finding it all boils down to:

“ trade with the trend, the trend is your friend

If you want to beat Warren at his own game you could try this. As soon as I get some data I'd love to run a simulation on the ASX 50.

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