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Ep. 723: Harold de Boer Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Role of Price Action in Decision Making

Market participants have an important role in that. If more and more market participants start to behave in a way that does not really match with you in the lying markets, they do have to make an impact on the market. Ultimately, it's very hard to stop such a thing. We will have to take into account that these markets are driven by people running after that idea that they think is generally happening. That means that you cannot call short a company or short any other market as long as there is so much power driving in your way. Even if you fundamentally would say it's being driven in the wrong way.

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