Ep. 544: Serenity with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Make Money Every Month
The idea that I regularly see this where people really, truly imagine they're going to make money every month. If a track record exists that shows me making one to two percent every month with ever, with never a down month, I say to myself, I've either got long term capital management on my hands or Bernard Madoff on my hands. So yeah, I am very suspicious of track records that are, if they're professing to be trend followers and doing it month after month of profits, my hat is off to them.
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