Trend Following – A Complete Edge for the Private Investor
A presentation for IFTA by Zaheer Anwari on the 15th July 2021
Co-Founder of Sublime Trading since 2018, Zaheer has been an STA member for some time and has given a similar presentation to the STA when we could meet in person at One Moorgate Place. This was Part I of a two-part session, the next coming up on 19th August 2021 at 10:00 US Eastern time. STA members and all others at affiliated societies to IFTA are welcome to book a place for free.
Zaheer explains the all-too common switch he made from starting to trade with a short term time horizon in 2005 to focusing on the long term in 2007. He’s been mentoring other traders since 2012 and has a slick publicity patter on financial literacy. His motto: ‘’make as much money (safely) as possible between now and retirement – while getting on with your life day-to-day’’.
He likes to use his weekends to create and adjust the watch lists of shares he’s currently following ‘’as there is no pressure to get positions in’’. That means that on weekdays in a matter of minutes he can decide what to do with his investments. Believe it or not, his scanning process may include up to 10,000 different assets, so obviously screening software like MetaStock and eSignal are essential. He publishes a weekly newsletter which can help you avoid the cost of such charting packages.
Claiming to mainly use 50 and 200 period simple moving averages on weekly charts, his chart examples tend to be of shares which have rallied parabolically over the recent past; things like Ashstead, Croda, Nike and Nvidia. He stays away from trading stock market indices, merely using them to gauge market conditions. Viewers were then asked to complete a scorecard to receive a free gift.
Tags: newsletters, screening
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