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Ep. 319: Salem Abraham Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Diversification in Trend Following Strategies

I can't tell you how many emails I received from people that perhaps don't understand generally the, the systematic quant trend type strategies. One key component of a trend following strategy is broad diversification and small risks across lots of markets. And so yeah, so it would be, it's very different from people who just trade in the, say, it's just a currency trader because a currency trader, if you're not diversified, you've got to have concentrated positions. That's the people that can get hurt worse.

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