Ep. 784: Trend Following Legend Wisdom with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Advantages of Trading Liquid Futures Markets
We're not going to be market participants on day one of an exchange opening. We've got to get the sort of characteristic heartbeat of, you know, liquidity patterns within that market before we can parameterize our execution algorithms. So there's a, there's a liquidity threshold with, yeah, I think there's something like 6000 futures markets globally. You can very quickly cut off 80% of those on,. on a crudity basis as being viable for what we do. And then it's, it's an evolving cycle as the, as the liquidity picks up, we will adapt our, our allocation in the portfolio.
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