Ep. 544: Serenity with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Be a Successful CTA Trader
I think the CTA space has gotten to be very difficult to break into and I'm really that a loss at this point partly because I've been out of the business for 11 years but also just because I can't quite see my way clear how would you go about doing that. You definitely would need capital infusions or partners that would be able to bring in sizable amounts of assets to trade to finance a staff of five or ten at least lots of you know the phone systems, computersThe regulatory environment all the prospectuses and some of those prospectusesyou can blow 50 hundred thousand dollars really quickly that would legal expense so audits and CPA fees it's getting to be a pretty
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