
Ep. 620: 2018 Will Be Great with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Be a Successful Trend Follower
When we are at trend step and running our flagship fund the market math in the late last years before I closed everything down we had six different portfolios within the fund that ranged from trading commodity options to two different approaches and currencies. We would try to really maximize those particular trades each year that came along that were really really all paid away other strategies were more you know just catch every intermediate move up and down and don't worry about the big one that will be there for it. The Robinhood approach of taking from the wealthy strategy and giving it to the poor strategy so whatever was in a drawdown was being fed whatever was on an explosive up move is what kept us with a nice study performance.
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