Ep. 903: Trend Following Misconceptions with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Psychological Side of Trend Following
There's no such thing as a trend following trader on five minute bars. If you get a drawdown in trend following and it's spread over many markets, many small losses added up to get a Drawdown. Most people that bring damaged psychological goods to the market are doing just that. They're bringing their damaged self to the market and looking for therapy in the market. The market doesn't know you. The market will never understand you. No one will. That's not the point of the day of market. And if you got a trading strategy, if you've got a trend following trading strategy, you got a chance to do something cool in terms of returns. But if you don
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