Trend Following With Michael Covel

My guest today is Francisco Vaca, the chairman, CEO, a principal trader for Vaca Capital Management, and a commodity trading advisor (CTA) established in 2000. Vaca began his career in the futures industry in 1996 as an executive researcher for C&D Commodities co-founded by Richard Dennis of "Turtles" fame. His responsibilities included the research and implementation of systematic trading strategies for the futures and equities markets. Dr. Vaca holds a Ph.D. in physics from the University of Illinois at Chicago in addition to his undergraduate degrees in both physics and mathematics. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Bottom of the source of profits in the futures markets Why people who are on the losing side of trades still play the game Importance of diversification Why you should take every signal you can Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investmen