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Ep. 1110: Mark Rzepczynski Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Counter Argument for Trend Following

When we've had a very stable environment, we didn't really have a lot of uncertainty. We'll call it a non-vuca world trend following really didn't do that well. If you say it's a divergent strategy is trying to make money when markets are diverging from equilibrium, it's moving away from equilibrium. You have to have dislocations in the market for you to make money and trend following may not be very attractive if those don't occur.

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