Ep. 1025: Five Quick Trend Chapters with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Trend Followers Are Not Generalists
Trend traders use an entirely different type of analysis, not based on traditional reasoning. Trend followers do not have hollywood narratives to explain market bubbles. No matter how ridiculous market moves appear at the beginning, following trends is the rational choice in a chaotic, changing world. Markets go up, down and sideways. They trend they flow. They surprise. Have markets changed? Not only have marketsAnged, they will continue to change. If you have a valid market philosophy, learning to accept that change and flow with it is your greatest asset.
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