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Ep. 1141: How Did They Know with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Trading Futures Futures in Vietnam - Is That a Fair Assessment?
In order for us to trade these things at a reasonable scale you need to have a sufficiently established marketplace. We've had examples by the way of markets that we just didn't think were fair and the price discovery process wasn't one that lent itself to our style of trading so we exited. But in the most part most markets once they become established and you can find enough counterparties to trade with then they become a fair game. There are no futures contracts for the rice market in Vietnam it's just unbelievable numbers of kind of independent farmers and they've just not done it yet but I just with the amount of rice that's produced in a country like this oh my gosh if they ever kind
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