Ep. 1027: Performance Data with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Profit in the Stock Market
If you have no edge, you should not trade for profit. Recognizing your edge is a prerequisite to predicting whether trading will be profitable. In futures markets, one trader's gain is another's loss. Money is neither made nor lost in futures. It is simply moved from one pocket to the next as margins are swapped at close of trading each day.
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