Ep. 959: Hedge Fund Market Wizards Redux with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Connection Between Gambling and Trading
Cobell: This is a dense book. I'm going to jump around some because I don't want anybody to accuse me of saying, well, Cobell, you pick the first chapter. It's not the case at all. But I have to tell you, I got the e-file so everyone knows I've got the e.-file out there and I actually got the hard copy yesterday. And in trading, it also means when the odds are less, smaller and take a smaller size, or you're taking a game which has negative edge and turning it positive edge by varying the bet size.
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