Ep. 1041: Don't Jump with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Money Management
The maximum bet that I would make would be a 4% risk or $4,000 potential risk in the trade. That is the optimal number all things considered for most all traders. A couple of years ago when in Australia, I started a $100,000 account year later and it was on 2% risk bets. So you don't have to bet big to win big if you're catching large moves in the marketplace.
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