AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Ep. 1117: 98 to 22 with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
How to Be a Successful Trend Follower
Trend traders use an initial risk rule to determine their trading size at entry. Changes in price may lead to a gradual reduction or increase of your initial trade. A trend trader's average profit per trade is significantly higher than the average loss per trade. Stocks, ETFs, options, bonds, currencies, futures, and commodities are all ripe to trade. This is the only trading strategy that can be traded on a desert island. As long as price data is available, all else is inconsequential. Media, fundamentals, broker options, talking heads, and so on are simply not necessary to profit.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
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