2min chapter

Michael Covel's Trend Following cover image

Ep. 1143: Three Trend Minds with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Effect of Self-Heating on Trend Following Systems

The story I think here out there is about the Russian situation in 1998 or 1997. The oil price had been going down for a long time for obvious reasons to be found in the oil industry. And because of the trend in oil, Russia came into problems. Until that moment, mostly faces in Western Europe and in the US and anywhere in the world, we're not really what's happening in Russia. That's not the case.

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