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Ep. 1115: Understand the Game with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Game of Trading
In absolute returns, author Alexander Anikin stresses that trading is nothing more than a game. There are three types of players in this game: those who know they're in the game, those who don't know and have become the game. In order for trend following to lose its effectiveness, dramatic changes must unfold. Most will not sell short due to fear, ignorance or confusion. They trade long only. That changes when Index and mutual funds cease.
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