It's such a basic principle to something like trend following trading. You use the price

information to make your decisions. Entry, exit, position sizing. You simply use the price of the

market instrument. If Apple is at XYZ price, that's what you base your decisions on.

You don't base your decisions on the balance sheet.

You're not Warren Buffett.

You also don't base your decisions on how you think the chart pattern might be moving, which might predict tomorrow.

That's bullshit.

So trend following quite simply cuts through all the shit, cuts through all the nonsense,

says we don't know anything, so we're going to follow the price, and that's it.

You surrender to the price.

You don't like that feeling?

Well, today I'm going to give you some stories about why not trusting the price as your sole decision-making cue is problematic

and possibly just insane. One of the tools that I've used over the years to gain insights beyond just hard work, elbow grease,

knocking on doors, making phone calls, sending emails showing up. Beyond that, one of the tools

that I've used in America is something called the Freedom of Information Act.

Maybe it's titled something different depending on the level of government.

But in America, to this day, and I'm not saying it's perfect, as I will explain,

but the Freedom of Information Act allows you to ask the government for public documents.

Now, this could be at the local level, like a town or a city, it could be at the county level,

it could be at the state level, it could be at the federal level.

And I've used it on all four levels, town, county,

state, and federal. And using it on all four levels has changed my life, as I will share with you right now. The first time I used the Freedom of Information Act was around age 19 to 20.

...