Ep. 1119: A Trend Pioneer with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Risk Management in Trading
When did you have the aha moment that like, wow, we should really take the human discretion of the execution of this out? When was that moment? I draw attention to two things. Just an awareness that your ability to rationalize the available information, if you could do that pretty quickly and get rid of the noise, we'd all be much better traders. Second thing is the importance of risk management because what a lot of people focus on in any model development is the models.
Transcript
Play full episode
