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Ep. 1113: The Philosophy with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Importance of Trading the Same Way
Traders who face the same opportunity must trade the same. Personal feelings can't interfere, according to Paul Tudor Jones. Many people with a big profit run up don't want to lose those paper gains. The losing trader is trying to make money back in the same market and on the same position.
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