2min chapter

Michael Covel's Trend Following cover image

Ep. 1173: The Right and Wrong Way of Trend Following with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Hot Hand Fallacy and Trend Following

The trend is your friend till it isn't following stock market trends seems like a good idea, but it usually ends up costing investors money. The strategy of trend following employed by many, many, many men and women over the decades has pulled billions upon billions of dollars of profit out of the market. So clearly this author got it way wrong.

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