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Ep. 1180: Paul Mulvaney Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Importance of Few Parameters
I know the answer to this question because I know your track record, I have a sense of you. You don't spend time comparing yourself to other people, your firm to other people. Over time, your modifications, if any, your changes, if any has been minimal. Did your homework, did your research, did your simulations, started your trading, stick to your knitting,. That's been your approach. Very few parameters. So people talk about markets changing. Of course, they evolve and they change. But I think somebody suggested that we should be modifying our system probably underestimates how few parameters and how simple it is to start with.
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