3min chapter

Michael Covel's Trend Following cover image

Ep. 1122: Larry Hite Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Rule of Getting Out

The Rule is a book by Larry Hite about how to stay alive in the stock market. It's written for people like Jesse Livermore, who stopped trading when he was down 10%. John Sutter: You don't go bankrupt if you stop at 10%. The rule of getting out can be learned from Harvard or any other university.

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