After the pandemic, retail investors have taken to momentum investing and earned good returns. Even a mutual fund has launched its product offering in the same sphere. Expect a lot of product innovation in this area in the near future as brokers, fund managers, and investment advisors start taking this strategy more seriously.
In 1983, Richard Dennis and William Eckhardt wanted to find out if they could make traders out of a random bunch of people that they hired. These included a blackjack player, a game designer, and a musician. They were given USD1 million each and told to trade the futures market with a set of rules. All of them ended up making big money. They followed the process of trend following in the futures or the derivatives market. Michael Covel has
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