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Ep. 1161: Trend Following Masters with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Importance of Trend Following
By adopting a trend following strategy, the speculator is making an implicit prediction the market will continue allowing for some jiggle in the equity curve. Many people believe that there are these quote, trend indicators that predict what will happen next. That's a very different mindset than trend following,. The nature of markets includes outliers. Trend following is hunting for these outliers. It doesn't just happen from following one market alone.
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