“From my reporting, I've determined that the average holding period is about two days.”
Michael Covel's Trend Following · Ep. 1413: Motivated by the TurtleTraders Too with Michael Covel on Trend Following Radio
Play from 10:18
10:18
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
maintained an average holding period of about two days for its trades
average holding period ~2 days
Said nearby on the same subject
“This framework is 90 days minimum, ideally 180 days… Phase one… weeks one through three is really about alignment… Phase two… two-month period… you’ll have a little bit of both… then money conversations”
“The average return has been 8.2. But if you miss just the top 10 trading days in 20 years, it drops down to 4.5. If you miss the top 20 trading days … it drops to 2.1.”
♫
Said on Tony Robbins Podcast Daily
Hard number8.2% annual return; 4.5% if you miss the top 10 days; 2.1% if you miss…Share this moment
“Our average holding period is just shy of a decade… we have trimmed these positions as the cycle has been in our favor, and we’ve bought more as the cycle has ebbed and flowed”