Ep. 997: Some Surprise and Origins with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Dow Theory and Trend-Following Methodology
Dow Theory is the earliest modern expression of an objective trend-following system. Dow Theory itself is not very mathematical, rather it makes logical observations about current and past prices to determine the direction of the market. Richard W. Schabacher, Robert D. Edwards and John McGee also recognized Dow Theory as seminal to their thinking.
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