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Ep. 969: A Speculative Reminder with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Disadvantages of Mechanical Trading

Mechanical or systematic trading systems are based on objective rules. A mechanical trading system eliminates emotional vacillation. If you rely on mechanical trading system rules and break them with discretion, you are guaranteed to go broke. Successfully making fortunes isn't about excitement. It's about winning.

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