6min chapter

Michael Covel's Trend Following cover image

Ep. 1123: Compare with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Importance of Understanding Trend Following

If you listen to my podcast, there's a matchup between their performance and their words. You can essentially see who's lying, who's telling the truth and who's lying. I wrote this book about the turtles. They had teachers who said, here are the rules, trust the rules, trade the rules, learn something, make some money. Now as those turtle traders went out on their own, some of them stayed very aggressive. Some dial back their leverage, but they were still trend following traders. So it was just so cool to see that and you could draw some conclusions from it. And look, I've seen this idea that you find a trading strategy to fit your personality.

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