Ep. 1143: Three Trend Minds with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Price Action in Trading
Market participants have an important role in how the market as a whole still function. If more and more market participants start to behave in a way that does not really match with you, they do have to make an impact on the market. The most important driving factor here is getting more and more industries and assets that will keep on growing. That means that you cannot call short a company or short any other market as long as there is so much power driving in your way - even if you fundamentally say it's being driven the wrong way.
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