
Ep. 991: Tom Basso at Collin Seow Event with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Trade Lumber and Make Money
Tom Foreman: I'm going to explain now how that happened, how you could possibly trade lumber and make a lot of money. All right, look at the left side of the chart. It's noise. It's going sideways. It's not going anywhere. But at some point as we get past January, sometime in the 2020 region, you get that first little hump up. That's now breaking out of that noise. You get a buy signal. And then you ride it all the way up.
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