Trend Following (Updated Edition): Learn to Make Millions in Up or Down Markets,
Discover the investment strategy that works in any market. The one strategy that works in up and down markets, good times and bad.
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Mike is the Man in this space.
I think it's a good book with an interested message.
Every market participant should have this book and be aware of what is being said here. He never goes into trading strategies and always keeps things really general I think for the sake of reaching everyone and staying marketable. He probably makes most of his money from selling books and speaking on trend following rather than actually doing it himself but that being said it's still the flag ship read on the concept.
I think there are a lot of trading styles that are 'trend following' and it's easy to say follow the trend but it's easier said then done.
It's entries and exits, position sizing and risk management that are going to save you on the loses and pay you on the runs.
The style is more suited to currency and futures markets (in my opinion)
It's good to have it in the library and if you can make over 20% returns being really passive than maybe we're all suckers and Mike is really onto something.