Ep. 519: Another Mega Trend Following Episode with Michael Covel on Trend Following Episode
Michael Covel's Trend Following
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The Importance of Humility in Trading
There is a reason that we do things the way we do, and I wouldn't for a moment pretend that other people don't have good reasons or better reasons to do things differently. So it's not arrogance. In terms of arrogance, I yield to no man, but there is a reason why our sex markets are at 0.1 and 0.2. That makes it measurable. If we came in and decided for whatever reason, randomness would be a reason to trade those different times every day, well, that would be kind of more difficult to measure.
Play episode from 38:37
Transcript
