Ep. 5: Nick Radge Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Discipline
The 20% flipper strategy is remarkably simple and I'm happy to talk about it here. It's a long only stock market strategy, trend following strategy but if you buy a stock that moves 20% from a low point, so you're buying with the momentum,. You've got an annualized return over the last 15, 16 years in excess of 20%. And that's a very, very simple yet robust type of strategy that works particularly well here in Australia, it works particularly well in the US and it doesn't matter what universe you work it on. Simple does work. People easily put off, they think there must be some kind of complexity and profitability and that's what they go
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