
Ep. 1294: Mr. Serenity Redux with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Navigating Risks: Trading and Life Lessons
This chapter explores the parallels between risk management in trading and everyday life, emphasizing the importance of intentional living and purposeful investment strategies. It contrasts the complexities of the crypto world with traditional futures contracts, discussing liquidity issues and the need for personal due diligence. Through personal anecdotes and historical insights, the chapter encourages investors to adopt cautious, diversified approaches amidst market volatility.
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