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Ep. 515: Epic Trend Following Episode with Michael Covel

Michael Covel's Trend Following

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The Importance of Being Systematic

I think it was a weird point in time where we had not yet got to the point where there was an acceptance of the 100% systematic, so that there was this gray area in the marketing. And for good and bad reasons, perhaps, as you're saying. And now it needs to be used judiciously. So the difference between 100% systematic models that are based on, you know, curve fitting, backfitting, cloud patterns, data mining versus 100 per cent research-based models is big, big, big difference.

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