Ep. 608: Ed and Marty Give Clues on Trend Following Radio
Michael Covel's Trend Following
00:00
The Disdiscretionary Element of Trading
Marty: There is not an army of traders with VR helmets on staring at screens, punching away like they're playing a video game. We calculate every day with our new positions and then our trading team is tasked with putting those trades in place before the next day. So what could be the worst day in the world is you lose 20% in the year and yet you paid the guy money to lose that money for you. That's a pretty tough bill to swallow.
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