Ep. 100: Things We Do and Don't Care About & Efficient Market with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Be a Trend-Following Trader
Theory of efficient markets became so widely advocated that trend-following traders made a fortune. If you've got this idea that it's all one big straight line, well, when the straight line goes the other way, you're going to have trouble. I see a time when those awake will understand how to make money up, down and surprise markets. But if you want to buy and hold, trust the government and trust Wall Street.
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