3min chapter

Michael Covel's Trend Following cover image

Ep. 1159: Three Outside the Box with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Importance of Keeping Your Powder Dry

"We think of it as a P&L, like profit and loss statement. And about 60% of our trades, we lose money," he says. "But on those remaining 40 trades, our objective is to make $2."

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode