Ep. 271: The S&P 500 Trading System with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The S&P 500 Stock Index Is a Trading System
The S&P 500 stock index is a trading system. The rules might be ultimately just delivering you the average return of those 500 stocks in the index. So what? It's still a system. For some people it's probably a great system. If you want to trust that you'll be taken care of to at least get the average. I would never want anybody to listen to me, to listen to the idea of trend falling if you're not ready for it.
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