Ep. 620: 2018 Will Be Great with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
How to Trade for Yourself
If you ignore the money management systems that we all talked about, you're going to set yourself up for having difficulties in actual trading. You'll know where to buy where to sell but you won't answer the question of how much do I want to buyHow much do Iwant to sell? It's a big danger and when the system started addressing those issues or when the trading software started addressing more of those issues you may feel a little more comfortable with it. If you can decide where you are going to be uncomfortable with it and then at that point say I've had enough of this I'm out of here that will be your level. My own level is different from what I have to
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