Could You Imagine Betting Your Life Savings on This?

I like much of what these guys do on Tech Ticker (i.e. the Libertarian economic angles), but some of the guests are pathetically awful. Often it becomes exactly what I rip in my film.

Tagged with: , , , , , ,
Posted in Economics
One comment on “Could You Imagine Betting Your Life Savings on This?
  1. Robert says:

    Sadly enough, but lucky enough for trend followers, most of the people are ready to follow this type of analysis all day long.

    Hypothetical question: it’s Jan 1, 2009 and one knows that the Dow will close at 10,500 on Dec. 31, 2009. What would be the most optimal way to play it without having a 20+% drawdown? Some people would say “it’s easy, just buy double or triple ETF for S&P 500”, but by doing this, you wouldn’t have made it when the market collapsed into early March.

    Not an easy task after all.

    This is where trend following philosophy comes into play, making predictions look foolish. It’s all about positive expectancy system, proper position sizing and portfolio risk controls. Everything else is a noise.

Table of Contents
Michael Covel Books

Underground Insights

Subscribe now to free email newsletter and get latest blog posts, podcast episodes and special offers delivered to your in box:

Pricing for trend following systems, risk management, trader psychology training and black swan strategies. Absolute return systems and education for new traders and established pros. Thousands of clients across 70+ countries. Client feedback.

The Trend Following™ podcast with Michael Covel. Listen now on iTunes and Android. Top minds and alternative commentary. 3M+ listens across 300+ episodes.

Free Video

A unique trend following experience on DVD sent to your home. Get your free DVD delivered.

Michael Covel Books