
Ep. 570: Snowflakes Suck with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Be a Trend Following Trader
In 1959 in 2015 location independence. You can be anywhere you could absolutely be anywhere to be a trend following trader It does not matter where you are. Some of the greatest myths some of the greatest holy grails of Wall Street The necessity to be close to the action the trading floor symbolism being down in that pit doesn't exist anymore. Richard Dennis and he did make his first million dollars in the Chicago pits no doubt about it But the vast majority of his fortune It was being a trendFollowing trader off the floor with the turtles. That was where all the money was made.
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