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Ep. 1169: Avoid the Noise with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Nature Camp
Dennis and Bill Eckhart debated whether trading skills can be reduced to a set of rules. Dennis would say, in effect, If I make $5,000 then I can bet more and potentially make $25,000. William Eckhart was solidly rooted in the Nature Camp. He knew plenty of multimillionaires who had started trading with inherited wealth and bombed. You're much better off going into the market on a shoestring, feeling that you can't afford to lose.
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