78 min listen
Ep. 630: Truth and Fantasy with Michael Covel on Trend Following Radio
Ep. 630: Truth and Fantasy with Michael Covel on Trend Following Radio
ratings:
Length:
36 minutes
Released:
Feb 5, 2018
Format:
Podcast episode
Description
David Ricardo would be just as successful today trading as he was trading 100’s of years ago. He understood, from a trend following perspective, that there is no value in prediction. When trading, you take an entry signal, get into the market, and ride the trend. It is impossible to know with certainty where the market will go, so you trade with the market rather than against it. Some think they have a grasp on bitcoin, but there is no way to understand the “why” behind it or any other market. You don’t have to be an expert to trade bitcoin, gold, coffee, or cocoa – just have rules in place and start trading. Small losses will happen but they are balanced: home runs – small losses = extreme gains. Do the homework, put rules together and go. Still uneasy about diving into trend following? Check out performance from trend following traders such as Dunn Capital and Winton Capital. Much can be learned from information in public trend following track records. In this episode of Trend Following Radio: Time series momentum Cross sectional momentum Definition of managed futures Diversification Trend following diversification Drawdowns
Released:
Feb 5, 2018
Format:
Podcast episode
Titles in the series (100)
Ep. 7: Turtle Michael Shannon Interview with Michael Covel on Trend Following Radio: Michael Covel interviews original Turtle trader Michael Shannon. In a timeless archival interview given while doing research for his book, The Complete TurtleTrader, Covel talks with Shannon regarding Shannon's experience in the Turtle program with... by Michael Covel's Trend Following