Ep. 79: It Was A Very Good Year with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Frank Sinatra Way: The Go With the Flow Way
Every couple of years, somebody says, trend following doesn't work or trend following is dead. Usually, it's right at the time when trend followers have a drawdown. That means you're going to have volatility in your returns. Your account might be worth 5,000 and then go to 10,000; 7,500 and then 15,000. You see, that's the way it works. That's life. Life is volatile. We can't predict what's going to happen. The only thing we can do is make our bets...and hope for the best.
Play episode from 02:44
Transcript
