AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Ep. 1180: Paul Mulvaney Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Importance of Trading Simulations
"I didn't have the preconceived idea around the size of drawdowns I'd be willing to live with," he says. "Drawing down 90% doesn't tell you that the system's broken." But if we keep trading system for long enough, one day we'll... It's important to bear in mind what can actually happen even with a very, very good system is much worse than people who are willing to contemplate.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode