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- July 22, 2014Risk, Reward and Uncertainty
Trend followers understand that life is a balance of risk and reward. If you want the big rewards, take the big risks. If you want average rewards and an average life, take…
- July 21, 2014Drawdown Wisdom
In the early 1990s, Commodities Corporation (a famed trading incubator that taught and bankrolled new traders) invited a group of Japanese traders to its company for in-house training. One up-and-coming trader at…
- July 20, 2014Ep. 258: Megan McArdle Interview with Michael Covel on Trend Following Radio
My guest today is Megan McArdle, a Bloomberg View columnist who writes on economics, business and public policy. She founded the blog “Asymmetrical Information”. The topic is her book The Up Side…
- July 19, 2014$669 Million Judgement against Refco: Christopher Sugrue, Phillip Bennett, & Thomas Hackl
Phillip Bennett REFCO Informative read: New York (May 02, 2014, 6:27 PM ET) — The special master in the Refco Inc. securities fraud multidistrict litigation on Friday recommended that a New York…
- July 17, 2014Ep. 257: Cullen Roche Interview with Michael Covel on Trend Following Radio
My guest today is Cullen Roche, the founder of Orcam Financial Group, a financial services company based out of San Diego. He also runs a very well-known blog called Pragmatic Capitalism (pragcap.com).…
- July 17, 2014100% Useless Information (An Example)
A recent email: Hey Mike, Hope you’re well. I’m sure you’ve come across this before, but in case you haven’t, I thought you might enjoy it. BBC documentary on novice traders. I…
- July 14, 2014The Trend Following Questions to Answer
Now, let’s get practical. Answer the following five questions, and you have a trend following trading system: 1. What market do you buy or sell at any time? 2. How much of…