Ep. 544: Serenity with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Dependent Variable of Trend Following Trading
Many aspects of successful trend following trading have the understanding of behavioral economics and how to deal with biases. Long before it was a popular subject long before the Nobel prizes were handed out there's this group of traders that were effectively trading in a way where clearly they understood what all the academic research would follow, he says. If the trend is down I just want to be short and when it turns around goes the other way I want to be long according to Mark O'Mara.
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