27: 2008 Wasn't Exactly a Joy Ride for Trend-Following
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Even during strong performance periods for trend-following, the financial and emotional swings can be significant. 2008 is a great example of this. Interestingly, 2006 and 2007 do as well.
Supporting Essay: Trend-Following in 2008: From +70% to Negative 1% to +92%
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Michael Melissinos is the founder of Melissinos Trading and Jerry Parker is the founder and CEO of Chesapeake Capital Corp.
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