Ep. 965: The Tom Basso Book with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Invest in Trend Following
You do very well investing in trend following during kind of like drill down periods where you're doing extremely poorly. You have to, what we have in trend following is we're actually getting in little loses and buying what we hope to the next winners. The proof that the winning is that this all went up or the strategy is making more money. We're getting a little short, but the point is we don't stay in losing propositions. And if you look at nature, that's how nature works, you know, you book the sixth extinction. Each of you says that whole species die out using environment changes. Well, this is a flexible program we have. We can go where ever it
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