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 Protect Yourself From 30 or 40% Drawdowns
The fall of 2002, the NASDAQ reached a bottom of minus 77%. The evidence is there and you'll find it on Tom's website too. There's lots of different ways to get money from the upside of the market or the downside. You just have to try to at least first embrace the fact that as much as 6% to 10% of the time, it's going to go down.
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