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Ep. 1049: Wide Thinking with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Instinct to Trade Profits, Is It Necessary?

Traders have an instinct to hang on to their losses, hoping that they're going to come back. The profit target is seductive - let me go in and i'm up,. oy know, i'm up a certain amount of money. And then we just extrapolate out and say, i could do this every day. Good luck.

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