6min chapter

Michael Covel's Trend Following cover image

Ep. 1119: A Trend Pioneer with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Indiana Jones of Trend Following

The world is a, is a very interconnected place. Everybody's coming online. We're not going to be market participants on day one of an exchange opening because we've got to get the sort of characteristic heartbeat of that market before we can parameterize our execution algorithms. So there's a, there's a liquidity threshold. It's relatively easy to get started with the 50 most liquid markets out there in the world. And if you just ignore all of the new stuff that you're referring to, you miss a huge opportunity set. I think what's so great about trend following in many ways, it is the Indiana Jones of trading in the sense that once you have your models and your systems

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