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Ep. 52: Courtney Smith Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Lay of the Landscape

"This is a particularly great time to be a trader, particularly a trend trader," he says. "I believe that the 1970s, the early 1970s was a much worse period of time in market history than we have in 2008." The Fed with its massive quantitative easing and with the federal government with regulations distorting the normal processes of human interaction create more volatility,. But a lot of the beginnings of that recently came about as a result of the late 1960s and early 1970s.

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