2min chapter

Michael Covel's Trend Following cover image

Ep. 1204: Richard Liddle and Gareth Abbot Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Importance of Diversification in Trading

SACODA was basically saying, well, hold on, let's just get in the big one and put it all in there. Don't try to diversify away from the big one. If you get the big one, roll with it. That for me was always something that came over as very important from SACODA. It's hilarious when you think that not unlike the term to story because this idea that you could print the rules of a successful system in the newspaper and people won't follow them.

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