
Ep. 544: Serenity with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Deal With Skeptics in the World of Trend-Following
The vast majority of market participants are still in an orientation that's more maybe value or fundamentals. When markets move, trend-followers make money and where did they lose it? If the market doesn't move at all, you aren't going to get a higher or a lower price. There's been more volatility rather than less so there's more potential for things to explode into ridiculously high levels.
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