
Ep. 1193: Ready for the Panic with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Asymmetric Positive Skew Trades
Asymmetric positive skew trades. You put on trades that have the potential to make a lot of money, but even if you're totally wrong, they can't lose very much. The simplest example of this is a long option trade. Jamie May is one who's always does it, I think, on every single trade. Kamoshay does it for most of his trades.
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