Ep. 654: No Real Magic with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Correlation
The human mind can easily extrapolate three months of negative returns into how long at this rate will it take to lose 50 percent or everything. Not only do some trend-followers tell clients to buy into their funds during a drawdown, they also buy into their own funds during the drawdowns. It is paramount to determine how quickly you can recover from a drawdown and get back to making new money again.
Play episode from 29:45
Transcript
