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Ep. 654: No Real Magic with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Star System's Schwabness

The quantitative rating system employed ranks and rates the performance of all commodity trading advisors, CTA. Done capital once received 1 star for risk, the implication being that an investment with done is more risky. The same firm's ranking of then-active trader Victor Nederhofer demonstrates the star system's weakness.

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