Ep. 951: You Don’t Predict Trends with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Follow a Trend
Trend following is about managing your downside. If you control how much you're willing to lose and you can stay in the game, then guess what? Somewhere along the line, some unexpected movers, some unexpected companies, some unexpected crypto coin is going to take off and run. You're not going to be on it because you knew a damn thing about the fundamentals. The most important points to any trading perspective are four and five: entry indicator, bet size three, stop.
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