Ep. 654: No Real Magic with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Diversifying Your Portfolio
Trader Paul Mulvaney made over forty percent in October 2008 alone. He increased his portfolio to over forty markets with the goal of being in fifteen-plus markets most of the time, and he still left his core trading system, entry and exits, the same. On June 23, 2016, 51.9 percent of the United Kingdom voted to exit the European Union. Most prognosticators were surprised if not shocked. But Mulvaney's performance during one of the worst months ever is a wake up call to trend-following possibilities.
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