Ep. 955: Price Is It with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Trade a Stock on a Desert Island
The idea with trend following is to follow that price action and it's gone from 120 to 200 in a week. We're not doing anything weeks go by. It jumps to 300, 400, 500. That's a legitimate price action movement in some markets in the last one year,. But guess what? Slightly insane is still real money. The market you're getting five price points, five closing price points per week, all you're getting.
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