$MicroSectors Gold Miners 3x Leveraged ETN(GDXU)$ $Invesco QQQ(QQQ)$ $Materials Select Sector SPDR Fund(XLB)$ One day up 0.73%, the next up 5.33%. Same rules, same portfolio, no intervention.
This is what concentrated trend following actually feels like. The volatility cuts both ways.
If you trim every winner because the ride feels uncomfortable, you also remove the possibility that one trend becomes large enough to carry the book. Right now $VanEck Gold Miners ETF(GDX)$ is doing exactly that.
The Turtle didn't predict the rebound. It simply stayed with the trend.
The hard part isn't finding the winner. It's allowing it to matter.
Paper fund. Not investment advice.
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