Follow The Trend

Following trends requires a special skill, which is no skill at all. Ignore expert advice, the news, and any other exogenous forces. The only tool necessary is a simple chart that displays the path of least resistance of the price.

The process is entirely objective, while fundamental analysis is completely subjective.

James Surowiecki argues that the many are smarter than the few and collective wisdom shapes business, economies, societies, and nations. A price chart is the roadmap of the crowd’s wisdom.