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Ep. 989: Four Trend Players with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Using Trading Bands

I was trading at the time using trading bands. We thought that volatility was a stable quantity, like a property of a stock. It had very good risk-reward ratio, nice percentage of winning trades versus losing trades. Although we didn't even know there were system stats in those days.

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