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Ep. 1007: Trading Systems with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Trade Your Way Out of Whipsaws

Traders call these back and forth swings whip saws. Whip saws are quick ups and downs that go nowhere. Dunn knows he can't predict the direction of the british pound. He only knows he has received an entry signal, so he gets on board. If you lose two %, you exit. Period. Don't debate it.

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