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Ep. 1184: Robert Carver Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
How to Trade Rising Clouds
Robbie: There's two forms of technical analysis and maybe you would call this something different, but there's a reactive and a predictive. For me, the distinction is even clearer and more stark and that's between systematic and discretionary use of price data. If you can't write down your rules and test them and then use them systematically, if you're ever having to use discretion or make predictions about what will happen in the future - I don't know what rising clouds are.
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