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Ep. 729: John Lin Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Evolution of Grasshopper

The race to zero latency has abated quite a bit, mostly because we're pushing the very edge of processing time. I think actually if you're not in the handful or maybe a hundred nanoseconds, I think you can forget about the speed game. The fastest of speed players might do 20, 25% of the market. So two of them might be 50, 60% of themarket. Or let's say the top five, you might be pushing 60, 70%. And that is kind of the situation. If you're not sub microsecond in the handful of nanosecondS, don't play the speed game,. But big data recently has come out in the last

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