Ep. 758: The Foundation of Good Trading with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Power of Trend Following in Commodities Markets
I just want to be accurate when we think about speculation in commodities markets I would impress upon you if you really want to know more about commodity futures trading go to the CME website. These are not just trading vehicles simply for speculation many large corporations are using commodity markets for hedging purposes farmers large ad companies there's a reason for commodity future speculation and there's a reasons for commodity futures hedging both are needed to make a market one last point at the end there Ben Carlson makes the note that a long-term bet on commodities is a bet against technology innovation If he is speaking about just going long only commodities which is a absolutely asinine strategy he's 100 right but if you are a
