Ep. 678: A Peaceful Easy Feeling with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Make Money in the Markets
Many traders will believe in some type of a strategy and they can't find other market participants actually using this. Trend followers go into a sideways or a drawdown and then at the bottom of the drawdown, the markets are now going sideways. That's when people are pulling money out just before the next big search. The human condition is behavioral economics, behavioral finance. Now I want to give the money whereas I think in your study, why don't you explain what you found out, it's a little bit different than what people think. Well what I found out was that the two studies together, the prices move, therefore trend followers make money. So trend followers making money means their equity
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