Ep. 816: A Trading Primer with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Demand for Disdiscretionary Macro Trading
Do you see the demand for that discretionary macro trader hedge fund waning? There is an argument that, at least in terms of positioning longer term, maybe nobody has skills like that. September 11th is probably a very good example of a piece of information that arrived. The world changed two minutes past nine and systematic models knew nothing about it.
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