Ep. 901: Five Minute Bar Trading the New Vegas with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Introduction
Michael Koval: Are there not a million or more suckers out there that believe they can trade five minute, ten minute, one minute, 60 minute bars and be professional day traders? He says it's impossible. Unless you're JP Morgan, unless you're Jim Simons,unless you're Toby Crable, you have no chance at doing high speed anything to compete with these players. But maybe the seduction is driven by COVID. Maybe people are hurting so they just have to go this direction. They think it's some easy money. But damn it, it's just Vegas. It's absolutely Vegas.
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