Ep. 620: 2018 Will Be Great with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Light Ball Moment
In the fall of 2008, he had no earthly idea that October of 2008 would produce him 40% in the month. Same thing true of our currency programs in 97. I mean, people think of trading as, okay, you buy today and you sell next week. This was buying and selling over a whole year and a half in commodities for crown or currencies. But that made me so much money. It's made the client so much money and the incentive fees off of that and everything else.
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