Ep. 1081: Wise Trading Voices with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Risk Control in Trading
In two words, I have to describe what he is. And he describes himself as a unicorn sniper. He's just looking for those isolated events where there's tremendous potential and limited risk relative to the potential. If he's doing it right, he's just taking not that many trades. But when he takes the trades, there's like a potential for enormous payer. It can make 25, 50% in a day or even more.
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