Ep. 476: Commandments with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Trend Following
Since 1929, there have been 18 market crashes and they are always rooted in irrational exuberance. The illusion has been created that there is an explanation for every market move with the primary task to find that explanation. If you're searching for why, I have to ask why. There's more than enough evidence that says to you that trying to find out why a market is moving is a waste of time. Whatever the price is right now is right. And if you're on the wrong side of right, then you're wrong.
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