Ep. 999: No Lies Just Bullshit with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Trend Following
Any sign of a pullback and I'm looking to take profits, I've been managing by taking a small amount of the moving stop if there is a clear support level. This is really impacting my big winners. The philosophical reason behind this is because it makes more damn money. If you think you're going to sit in front of a screen and day trade, five minute bar, fifteen minute bar, whatever other nonsense...you don't know a damn thing. You might not like trend following but find what beats it.
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