When “smart” people become the exit liquidity

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When “smart” people become the exit liquidity

trendfollowing

1 month ago

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In 1998, a hedge fund called Long Term Capital Management (LTCM) nearly brought down the entire global financial system. This was not a group of amateurs or “Big Boy” scammers. The board included Myron Scholes and Robert Merton. These men were Nobel Prize winners. They were the most respected minds in economics. They had the […]
The post When “smart” people become the exit liquidity appeared first on Trend Following Trading Systems from Michael Covel.

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