Ep. 141: Trading Places & Nature v. Nurture with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Eddie Murphy Rule and the Turtles
This is not value based trading. This is trend following. If the market is going up, you want to be long. If it's going down, you wants to be short. That's the idea. It's tough because society doesn't really actively talk about this style of thinking. I don't know if there's any other place besides my world where people actively talk about 'this trend' and then as soon as they're talking about it either ignore it or bastardize it with some other term that just pushes whatever they're pushing. We did not fact check that one. You don't even need to. Billy Ray the con man turned trading savant figures out, wait a minute
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