Ep. 742: Trend Following Fifth Edition with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Trade Trends
Good risk management combines several elements. Clarifying trading and risk management systems until they can translate to computer code. Include diversification and instrument selection in the back testing process. Clear agreement among all parties regarding volatility and return expectations. Maintenance of supportive relationships between investors and managers. Above all, stick to the system. See number 6 above.
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Transcript
