Ep. 668: Value Versus Trend Following with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Currency Markets
The idea that markets could be efficient is as true as the fact that people are rational. Currencies have provided really so much of trend following foundational profits over the years. It's a complicated question, but I think when things go bad, you know, currencies are the foundational instrument. Whatever we're trading, currencies are involved and you really get some big moves.
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