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Ep. 654: No Real Magic with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Trend Following Volatility

Futures traders are supposed to make money by exploiting volatility. To trend following, volatility is the precursor to profit. If you have no volatility, you have no opportunity for profit. A trend follower achieves positive returns by correctly targeting market direction and minimizing cost of his portfolio.

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