Ep. 887: A Trend Following Firehose with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Diversification
Richard Quest: I received an email the other day and they, somebody was asking me about the Swiss Frank move in January. He says people don't get that you're not betting the ranch on each market. And then number two, if you do happen to have losses, there's also going to sometimes be gains and the gains can offset the losses. Quest: It seems like some of the traders that actually figured out all their lessons that they got the Nobel prizes for long, long time ago already in the markets in the pits,. et cetera. But it's more of, yeah, putting your nose to the right zone and doing the right thing day after day than coming up with
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