Ep. 1067: Inflation Insanity with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Reality of Trend Following
If you've never done this exercise, do it now. Find a track record like Paul Mulvaney's. Twenty two years is great. That's a lot of months, twelve months per year. Go look at every month. Look at his performance. If you can't learn something from that, you are mentally challenged and probably not cut out for this. Trend following takes what the markets give. So here we are. Do you know what trend following does? It doesn't pretend to push the markets in some direction to dictate some amount of profit. I'm not knocking on people that dig holes. Someone has to dig the damn holes and I've dug my share of holes in my
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