Ep. 678: A Peaceful Easy Feeling with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Psychology of Trend Followers
Investors don't understand trading and can't deal with their own psychology, says Tom Trent. Months where there was a large volatility were the months that were profitable by trend-following strategies. Ones with small volatility were months where the systems basically lost money. "I found myself doing exactly the opposite of what my clients were doing all the time"
Play episode from 01:03:41
Transcript
