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Ep. 1078: Bill Dreiss Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Early Stage Personal Philosophies of Doncian

In the early days, simple systems worked really well because nobody was using them. Almost any system would beat what the average discretionary trader would do. This has all been talked about extensively recently with Daniel Kahneman in his Thinking Fast and Slow. The most important part that is understood by all of these traders that you mentioned and anybody who is successful at trend following is you basically got to stick with your system regardless of what you think the markets are going to do.

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