Ep. 370: Instruments vs. Strategy with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Random Walk
When Alan Greenspan says this is a once in a century event, should you still take in no sale at all? He believes in the random walk. And it isn't so hard to sell, but you don't know when to get back in. The people that were doing this four and five decades ago, you can find their insights. It's there, but you've got to be hungry. You've got to want it. I think it is binary. Up or down, heads or tails. Which way are you going to go?
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