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Ep. 1100: Peter Borish Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Discipline in Trading

I want the audience to understand that even though you can give us all a great fundamental understanding, ultimately from a trading perspective, you're not going to fight the tape and go broke. What matters is discipline and risk management. I have a piece of a GP of a natural gas trading fund called Torsion. It's more volatile than anything but individual equities. If you don't have discipline around that view, you can go out of business in a heartbeat. The day to day is all about living for the next day.

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