Ep. 997: Some Surprise and Origins with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Meta-Level of Trend Following
Traders should initiate positions based on the perceived direction of the trend. They then hold positions and liquidate them depending on how things are going, he says. It is possible to be a subjective trend follower or combine systematic and subjective elements in a trend following system - but not an absolute requirement. David Ricardo flourished in London markets from 1790s until about 1818.
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