Ep. 989: Four Trend Players with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Volatility in Trading
I think that volatility is the most important, least analyzed and worst understood aspect of the market. The size of the position can sink your operation or take you over the top for the same trading system. So for me, if I had to suggest an approach to anybody, I would say study position sizing. That's where the next really big innovations are going to come from.
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