Ep. 989: Four Trend Players with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Capital Flow in the Currency Markets
The answer to that question is to look at what our currency markets and currency markets are basically markets for capital flow. So as there are seismic changes such as stock markets declining 50% over a relatively short quarter of which they've done twice in a lot decade or so, these are big events. We don't make those things happen. We just hope to hold on while nothing is happening and for the time in which something good will happen and we know as a certain fact that it will happen. Is that hard? That's hard for people to accept isn't it?
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