Ep. 678: A Peaceful Easy Feeling with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Catastrophe of Trading the Futures Markets
When we went from Q-weight into Iraq those years, I was closing down the markets. By 8 o'clock that night, we had a good of a computer issue at the trend stat. We lost in all the portfolios about five or six percent of the whole portfolio. And to this day, the largest single day loss that I saw in trading the futures markets.
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