Ep. 400: Special Tom Basso Compilation Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Most Catastrophic Move I Ever Saw in the Futures Markets
When we invaded Iraq during H.W. when we went from Q-weight into Iraq those years when I was it's closing down the markets. We lost about five or six percent of the whole portfolio that day which was to that repay and to this day the largest single day loss that I saw in the trading the futures markets so I mean we made it back and we're at new highs a month or two later three months later It wasn't a big deal but it was wow six percent in one day and that's interesting he said.
Play episode from 03:56:59
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