Ep. 816: A Trading Primer with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The History of the CTA Industry
I think if you think about the early trend following, the history of the industry is the very early trend following the Tarkles. I look back at some of these things that I see in your tattered books about average true range and breakouts, and it seems like the Dark Ages. We are thinking a much more statistical sense, much more scientific, I think. It's not just enough that it happens to have worked. Possibly that's maybe we can think, David Harding and the rest of the team at HL, for building that into the consciousness, and then it just takes off.
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