May 16, 2016
Today on Trend Following Radio Michael Covel starts off reading
a listener email from someone interested in making 3-4% every month
with only 15% drawdowns. Michael gives his personal feedback as
well as responses from Facebook after posting the email. The
responses were mixed. Some people fully believed these kinds of
returns are possible, while Michael and others said that if anyone
is telling you they can produce 3-4% returns every month then it is
absolutely a scam. Only Long Term Capital Management, Bernie
Madoff, and some high frequency traders with insider trading access
can tout such returns.
Michael finishes the podcast talking about the upcoming American elections. What is the alternative to Trump and Sanders? Hilary Clinton? Michael says that everything is an act with Clinton and that she’s a bona fide…[fill in the blank].
In this episode of Trend Following Radio: