Ep. 816: A Trading Primer with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Futures Trading
When I understood math, a broker told me that I could get without having to pay interest on a margin account. There's real demand and supply for corn and wheat and gold. And there is no real supply or demand for IBM or Apple or Google. So we have real data about those markets, real fundamental data that we don't have in the stock market. We're not gamblers. We're actually making observations and based on those observations, we're correct or we're not correct.
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