Michael Covel launches into the headlines of managed futures and trend following. Many headlines in the past few months have tangentially touched on the trend following world and Covel sets the record straight. Covel talks about the battle in his world over the phrase "managed futures". A phrase that was created for one reason only from his perspective: to produce commissions. Who cares what the instrument is? It's irrelevant. The only relevant issue is: what is the strategy and how can it help the end user? Covel discusses "managed futures", black box trading, Ray Dalio, Bill Dunn, and an article called "How Investors Lose 89% of Gains From Futures Funds". Covel moves onto the confusion with the phrase trend following and brings up a company named FX Concepts and its leader John Taylor. Yet is this doomed 14B hedge fund really trend following? Covel sees prediction, an assortment of other strategies, and efforts to forecast what the next government move is going to be. That's not trend following. This is a real effort to break apart the headlines giving the end user a look behind the scenes at how the system wants you indoctrinated. Want a free trend following DVD: www.trendfollowing.com/win.