Ep. 620: 2018 Will Be Great with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Return to Risk in a Trend Following Trade
Howard Fraser has a question and kind of a quickie, but he really wants your views on initial capital at risk versus unrealized gains. Michael: My wide view is when we did studies of return to risk at every point in a trend following trade,. We concluded without a doubt that the day you get into a trend followingtrade is the day when you return to risk ratio is the best. Permaniting means you're getting in later in the trade and expecting it to continue to go your way.
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