3min chapter

Michael Covel's Trend Following cover image

Ep. 1155: Trading Psychology Redux with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Best Buying Opportunities Are Around the Fringes

If someone is glued to the screen all day long, they inevitably can start following the market. I think it's also extremely counterproductive for trading. The best buying opportunities occur at the point of maximum danger. It takes some technical knowledge to identify that maximum danger with some degree of precision.

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