Ep. 1077: Inspiration from Three Bright Minds with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Maximize Your Long Term Gain
The Kelly formula is where good blackjack strategies derived from it's from where good betting strategy in trading is derived from. The whole idea is cutting your losses short, having small losses, big winners. So the trick is do you have the skills to retain that theoretical advantage? It's mathematically proven by people far smarter than me. That's why our training was very important.
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