Ep. 1183: Turtle Reminiscing with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Predicting the Markets
Even if markets are in a bubble, your position should be long until your trend following exit is hit. Nobody knows what the markets will do and where prices will be tomorrow next week or next year. You can't really build a life and a trading strategy around trying to predict the one bubble that's going to happen in your lifetime. Today's market has no bearing on tomorrow's.
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