Ep. 97: Against The Propaganda Machine with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Infallibility in Trend Following Trading
David Harding has set up banks of computers to follow trends and markets at high speed. The signals that are generated for the trend following component of it can be done on one simple little Macintosh laptop. There is no massive numerical computation going on to become a trend following trader. It just doesn't exist. He's not a high frequency trader. I don't care how big your fund is, size capital is irrelevant every bit of David Harding's trend following fund. This is just bad, bad work. And it's either done on purpose or because people aren't that bright.
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Transcript
