This page is proof that huge returns can be made during all market environments. If you want to learn how the traders below made their fortunes Michael Covel can teach you. While no one can promise you their returns, Covel can teach you the philosophies and methods used to generate the big trend following money. Also as you review performance examples keep in mind that one month of performance tells you nothing. It's the big money made on average over many decades that should be compelling evidence for those investors decimated by the buy and hold (hope) strategies of most mutual funds.
Trend Following Performance Reports
The following performance reports from trend following traders show the types of returns that can be earned by sticking with systematic trend following trading systems:
- Salem Abraham (PDF)
- Dunn Capital I (PDF)
- Dunn Capital II (PDF)
- Dunn Capital III (PDF)
- Man AHL I; London (PDF)
- Man AHL II; London (PDF)
- Bob Pardo (PDF)
- Eclipse Capital (PDF)
- Liz Cheval; Turtle (PDF)
- Hyman Beck (PDF)
- Millburn (PDF)
- Superfund I (PDF)
- Superfund II (PDF)
- Bernard Drury (PDF)
Liz Cheval, an original Turtle, talks about other benefits of trend following trading in this online presentation. If those documents are intriguing and if you want to learn more, we can instruct you.
Trend Following Performance: Month by Month
- Month by Month Data: Salem Abraham
- Month by Month Data: David Harding (Winton Capital)
- Month by Month Data: Bill Dunn (Dunn Capital)
- Month by Month Data: TransTrend (Nederlands)
- Month by Month Data: William Eckhardt
- Month by Month Data: Tom Shanks (Turtle)
- Month by Month Data: Liz Cheval (Turtle)
- Month by Month Data: Bob Pardo
- Month by Month Data: Jerry Parker (Turtle)
- Month by Month Data: Michael Clarke
- Month by Month Data: Bernard Drury
Trend Following Performance: Compared to Buy and Hold
Below are top trend following traders' performance charts compared to major stock indexes:
- Abraham Trading compared to U.S. indexes.
- Abraham Trading compared to world indexes.
- Aspect Capital compared to U.S. indexes.
- Aspect Capital compared to world indexes.
- Chesapeake Capital compared to U.S. indexes.
- Chesapeake Capital compared to world indexes.
- Clarke Capital compared to U.S. indexes.
- Clarke Capital compared to world indexes.
- Drury Capital compared to U.S. indexes.
- Drury Capital compared to world indexes.
- Dunn Capital compared to U.S. indexes.
- Dunn Capital compared to world indexes.
- Eckhardt Trading compared to U.S. indexes.
- Eckhardt Trading compared to world indexes.
- Eclipse Capital compared to U.S. indexes.
- Eclipse Capital compared to world indexes.
- EMC Capital compared to U.S. indexes.
- EMC Capital compared to world indexes.
- Hawksbill Capital compared to U.S. indexes.
- Hawksbill Capital compared to world indexes.
- Hyman Beck compared to U.S. indexes.
- Hyman Beck compared to world indexes.
- Man compared to U.S. indexes.
- Man compared to world indexes.
- Millburn compared to U.S. indexes.
- Millburn compared to world indexes.
- Rabar compared to U.S. indexes.
- Rabar compared to world indexes.
- Saxon compared to U.S. indexes.
- Saxon compared to world indexes.
- Transtrend compared to U.S. indexes.
- Transtrend compared to world indexes.
- Winton Capital compared to U.S. indexes.
- Winton Capital compared to world indexes.
Trend Following Winning Charts: Examples
Trend following methods can be used on stocks, ETFs, LEAPs, futures, currencies and all commodities.
Back-Tested Trend Following Performance Examples
Universal Chart Example
The universal chart example must be read by all.
Performance in Trend Following Book
More examples of trend following performance over the last 30 years are in the book Trend Following.
Additional Benefits Beyond Performance
- Trend following emphasizes diversification (example chart).
- Trend following has little to no correlation with long only stocks.
- Trend following's higher returns compound exponentially.
- Trend following is patient. It waits for opportunities.
- Trend following reacts to real events. No prediction.
- Trend following profits in up and down markets.
- Trend following profits across stocks, commodities, currencies, etc.
- Trend following trades exchange traded instruments. Transparency!
Note
We can not promise you will earn like returns of the traders, charts or examples (real or hypothetical) mentioned within this site. All past performance is not necessarily an indication of future results. Data presented is for educational purposes. This information is not designed to be used as an invitation for investment with any adviser profiled. All data on this site is direct from the CFTC, SEC, Yahoo Finance, Google and disclosure documents by managers mentioned herein. We assume all data to be accurate, but assume no responsibility for errors, omissions or clerical errors made by sources.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
