Ep. 1031: Double-Barreled Trading Wisdom with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Only Thing You Can Control Is How Much You Lose
Every one plays the same game. Doesn't matter if your staunch fundamentalist value investor. The only thing you can control is how much you're willing to lose. Like we saw in the g f c or two thousand and eight, it only takes a bit of a knock in few positions to really do the damage to someone's portfolio. I would say were probably worse than the states. But i think of the stats that i think about the acceptance of train trading, trent following, price action trading. Is it similar to the stage, do you think? Or do you think australia as got a leg up on acceptance of your style?
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