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Ep. 551: Jack Schwager with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Two Different Ways of Thinking About Trends

The idea of either predicting a trend on one side of the equation, forecasting it, or reacting to the movement of a trend, getting in kind of late. It is two different ways of thinking, isn't it? The first way might be, for example, let's say you see, let me go back, let me use this example. And it's not a trend, well, it's about a trend, but it'm not a trend following example. You can look at that and say, oh wow, and this fundamental news, it should have gone down. It's closing up. Something's wrong here. It's going up," he says. "You can go long

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