Michael Covel's Trend Following cover image

Ep. 568: Steve Burns Interview with Michael Covel on Trend Following

Michael Covel's Trend Following

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How to Eliminate Whipsaws and Quit Trading

A lot of that is rooted in a chart that I again pulled off your Twitter feed. It basically goes up, you know, from a around 250 to 1000. And then it drops from 1000 to roughly back to 50 or something. So basically it's a ride up and a ride down. The question is what are you going to do along the life history of that chart? What is your thought process? Do you really imagine you're going to get in at the bottom and get out at the very top? Well, if you're thinking that from the beginning, you're already screwed.

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