
Ep. 995: TurtleTrader Philosophy with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Definition of a Futures Contract
Shorting is a way to profit from the decline in price of a security, such as a stock or a bond. Most investors go long on an investment hoping that price will rise. A short seller can borrow a security and sell it expecting that it will decrease in value so he can buy it back at a lower price and keep the difference. Futures contracts are exchange traded derivatives.
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