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Ep. 1165: Big Events with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The MG Affair
MG was long crude oil futures and desperately trying to stay afloat while trend followers waited like predators. MG obviously had no inkling of the steely discipline of their opponents. An exit would have violated one of trend-followings most fundamental rules, one of the most fundamental rules across all of successful trading. Let your winners run.
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