Ep. 1185: Where’s My Mind with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Differences Between a Day Trader and an Investor
The average holding period ends up being a very important variable, particularly on the cognitive side. The distinction that has been made between thinking fast and thinking slow is very relevant there. And of course, when it comes to trading strategies like trend following a smoother curve, if somebody says they want a smooth curve, I may say, well, you've got the wrong strategy,. But is there really a smooth curve for anybody except, as you mentioned earlier, but the pro high frequency traders?
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