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Ep. 1143: Three Trend Minds with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Relationship Between Meats and Feed Cattle
My professor said that to finish my study, it was best to find somewhere a real life problem. And I got two very interesting possibilities. One was dairy factory and the other one was with this trading firm that traded agricultural commodities. It was really a traditional commodity trading firm. What they saw is that on those futures markets they used, they used, of course, the common futures markets,. They saw that more and more so-called funds were being active there to their astonishment. Those funds never took delivery and never did anything in the market but still made money. If these people are able to make money in our markets, then we should be able to do that ourselves too. That's
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