Ep. 158: Simple Heuristics with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
Simple Heuristics for Trading
Gird famously talked about using simple heuristics, tools of thumb to make decisions. Gird: Instead of doing all the complicated stuff, do something simple. The classic simple heuristic for trend following trading for trading? The price. If you can't be sure about these fundamentals, if you can't account for the uncertainty, you can be certain though that a certain price is trading at what it says it is right now.
Play episode from 10:11
Transcript
