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Ep. 1032: Russell Korgaonkar Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How Do We Think About Risk?

Risk is as important, in some ways, more important than the propagation of prices. Markets at some points in time a way more risky,. however you define it, than markets at other points in time. We really integrate risk as much as possible into our trading systems. And we recognize that it's not stable and it changes through time. If we can do as good a job as possible of quantifying that and reacting to that, then it helps in our trading all over the place.

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