Ep. 620: 2018 Will Be Great with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Struggles of a CTA
"It's actually been surprising me in the last couple of years how many large funds, large trend following funds use weekly bar systems," he says. "They just cannot afford to make any trade that is not an essential trade because they just can't, they got too much money." It really does give an indication that you're kind of choking on the amount of money that you're managing and allocators are starting to thank Jesus for guys sending money back. But some people just don't and then the returns sort of get diluted over time. The big guy has two sides of the story, but it's something that brings up sort of a spotlight on that trader'
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Transcript
