28 min listen
Ep. 594: The Fundamentals Never End with Michael Covel on Trend Following Radio
Ep. 594: The Fundamentals Never End with Michael Covel on Trend Following Radio
ratings:
Length:
27 minutes
Released:
Oct 2, 2017
Format:
Podcast episode
Description
Having the right fundamental information will never guarantee success. Ray Dalio, one of the biggest traders on Wall Street says he trades off of fully automated fundamentals. If this is true what fundamentals does he choose to automate? In the same head space a reader forwarded Michael a tweet recently. It was a tweet from an executive associated with a big USA trading firm. This executive was asked by a business student, “What does a typical week look like for you?” His list went like this [Michael digs in]… How much time is being wasted? If consuming that information isn’t needed then what do you use to trade? One piece of information – price. You take the price and look at the trend. Things in motion tend to stay in motion. Forming rules that you can stick to when the big trends come is key to anyone’s trading success. In this episode of Trend Following Radio: Data mining Managing risk based on fundamental information Weekly routines Cocktail party banter Desert island trading Fundamental trading Thinking properly
Released:
Oct 2, 2017
Format:
Podcast episode
Titles in the series (100)
Ep. 1: Michael Dever Interview with Michael Covel on Trend Following Radio: Michael Covel interviews Michael Dever author of "Jackass Investing: Don't Do It: Profit From It." Special Offer: receive free DVD delivered to your home or office: www.trendfollowing.com/win. by Michael Covel's Trend Following