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 Diversification in Trading
The Swiss Frank was a unique situation because of the, the peg that the Swiss national bank had put into place. There were traders out there who looked at it and said, what's the risk here? We didn't get blown out on the Swiss Frank because our position size was such that we weren't going to. And then number two, if you do happen to have losses, which you're going to have, there's also going to sometimes be gains and the gains can offset the losses.
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Transcript
