Ep. 1095: Seykota Redux with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Trend Following
I would love for you to share a little bit of wisdom or perhaps experience or thoughts or memories about two gentlemen in particular, if you wouldn't mind. Amos Hosteter and Richard Doncian were early pioneers in the field of trend following. He noticed a two week rule in copper, meaning you buy something when it makes highs for two weeks and you sell it when it makes lows for two weeks. Now that won't work today. It's back then you didn't have a little different character on the markets. And I'd be glad to share what I know.
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