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Ep. 1174: Tom Basso Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Importance of Trend Following
"Why is this smart guy Tom not doing five minute bars?" "Retired doctors got a lot of time. He's got plenty of money, but he's peeled off 50,000 for his trading account and he really does want to dig in and be in front of his screen all day," says Ed Dakota. If he wants to use trend following techniques, I see nothing wrong with trying to do that because he's not going to have the liquidity problems or scrutiny by the clients,. But you guys didn't start as professionals. You started as average guys too. When I started, I didn't have time to do five minute bars."
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