Ep. 816: A Trading Primer with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Money Management
The overall underwriting rule is really bet small to win big. You've got to actually have an emotional quotient on what risk you can emotionally handle and then strive to find without optimal F, as Ralph Vince has written about. No trend, you're not going to make a nickel. Trend is a function of time. The time you're in the trade, it gives you more opportunity for trend,. Time runs out at the end of every day.
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