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Ep. 1063: Larry Hite Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Rule of Survival

I find one of the most amazing things, is this real independence of each other. I think a lot of times inventions come at a certain time. In history, you telephone, it's in the air. There's the means to do it. You said another thing. When you put your mind this way, and you knew exactly what you could lose, you really have been in much other shape and what that loss would do to you. So you follow the trend. It's an ordinary loss. And mostly you can make 10% to 15% a year, but you get ordinary loss. Because I know I'm always going to have what is. Not every day or anything like that

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