Ep. 887: A Trend Following Firehose with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Scarlet Letter of Loss, Drawdown and Trend Following
We have this fascination in society about low volatility. But people don't seem to understand that low volatility does not guarantee you a risk of ruin, he says. No system, no approach will work that well forever simply because someone else will figure it out and eventually too many people will be doing it. That's just what happens.
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