Ep. 79: It Was A Very Good Year with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Trend Following
Like a sailboat or a kite, a trend following trading model is designed to capture the power of environmental forces. Just as the wind will always return to blow in the future, the forces that drive price trends, greed, fear, euphoria, panic, will return at some point. When they do, trend following trading models will make a great deal of money.
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