Ep. 400: Special Tom Basso Compilation Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Hedges for Long-Term Capital Gains
Clint stevens and steve burns both have question on hedges. What happens is time is clicking by on all those wonderful positions i put in place so you're getting closer to long-term capital gains which i can use for charitable contributions or i can get a better tax rate on meanwhile on my hedges i'm short selling the spy ETFs which is very very liquid I can short anytime i wish i can take off anytime i wish it trades sometimes like 30 times a second. It's pretty simple uh say you take a any kind of strategy you want whether it be purely technical partially fundamental i'd rather pay something a little bit cheaper than buy something extremely priceyUh that
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