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Ep. 958: Donald Wieczorek Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Bitcoin

As Bitcoin goes up, we'll be long. We try and be long-term enough such that these recent corrections over the last couple of months don't knock us out because you never really want to lose your position in a bull market. I don't like being short markets just because from a math perspective, the risk reward isn't as great as being long. Collapses can happen a lot faster than moves up to the upside.

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