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Ep. 551: Jack Schwager with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The History of Futures Trading

The idea of futures trading is like, okay, that's past my pay grade. Why don't you for the audience paint a general picture of the futures contract and the use? Give people a decent, a decent professorial view on the subject. Futures are as easy to go as short as it is to go long. In fact, there cannot be a long until there is a short to match it. You want to go short. If you think stocks are going down, the easiest way to make that bet is pick the stock index you think is most vulnerable to the client and go short that contract. They trade for just every type of instrument you can think of. So any market

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