Ep. 969: A Speculative Reminder with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Make Money in Down Markets
Many traders struggle with a counterintuitive concept of making money on market declines. Fundamental analysis uses factors such as Federal Reserve Meetings, 24-7 News and weather reports to make buy and sell decisions. Many Wall Street players have serenaded millions with fundamental stories for decades. Be gullible and naive investors buy into rosy fundamental projections riding bubbles straight up with no clue how to exit.
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