Ep. 214: Trend Following Winners, Daniel Kahneman, and Tina Turner with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Secret of Trend Following Trading
The firm has a 1% chance of losing 20% or more in a rolling one month period and since the early 1970s, the firm has met that objective. So what's the secret that they understand about volatility? 40 years into the game, they're not trying to give a fake straight line up equity curve. They kind of know that the bucking Bronco, the big loose mitten, not the tight glove, is the way to ride it.
Play episode from 04:07
Transcript
