
Ep. 997: Some Surprise and Origins with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
How to Trade in Stocks
Richard D. Wyckoff's Studies in Tape Reading was published in 1910. In a later work, Wyckoff uses an interesting metaphor for trend following. A small trader should be a hitchhiker. The methodology suggested by Wyckoff can now routinely be done on an iterative basis by computer. Not one, but millions of tests can be done with a rapidity that would have astonished Wyckoff.
Transcript
Play full episode