Ep. 674: Trend Following Mega Fifth Edition with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Disconnect Between Behavioral Economists and the Markets
The world is a very interconnected place. If a country doesn't have a liquid futures market, they're thinking about it. It's great about trend following in many ways, it is the Indiana Jones of trading. Once you have your models, your systems, and you know these markets in these countries are liquid and viable, you can go in. The thing about what we do is that it's a bit rough and ready. We've got to establish a threshold of liquidity because it isn't going to be worthwhile at one point.
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Transcript
