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Ep. 22: Mike Aponte Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Trade Your Equity Curve

I'll give you an example in the trading world where that kind of dovetails. If you look at a, I describe that one track record of this one trend following trader that back to 74 and with these massive peaks and valleys. And so one of the things that happens is with the trend following trader, if you know, he will put in these 50% drawdowns every three or four or five years,. well, it can make more sense to allocate more capital to him in the middle of a drawdown. So mean reversion doesn't necessarily work. It's very interesting, which also reminds me of you guys moving from table to table, essentially trading your equity curve a little

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