Michael Covel's Trend Following cover image

Ep. 816: A Trading Primer with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The Importance of a Short Ratio

People are desperate to invest in something which never loses money. Every 40 years it's going to have a drawdown of 20%. This is just what happens even if the system truly has that return profile. The expectation of losses is something that everyone should build into their investment process at all times.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app