
Ep. 1009: IQ, EQ, Decide, Science with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Science of Trend Trading
In the ture science, do you have a clear sense of probabilities and pay offs? Did you answer no? If so, you need to figure it out and fast. Sometimes scientists employed by trend trading firms are astro physicists. Being wrong is part of the trend following life. Many just cannot wrap their head around that. Bottom line, there are scientifically established principles of market behavior that you can observe and use for profit.
Transcript
Play full episode