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Ep. 515: Epic Trend Following Episode with Michael Covel

Michael Covel's Trend Following

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The Differences Between Winning and Losing Trades

"What we've actually done is in our business, is just chocolate block with cliches. Here's a cliche. In our system, for example, our losing trades are held for about six days, on average, over the 14 and a half years," he says. "It's not rocket science. We didn't have PhDs here." 'All the best PhDs probably work for David Harding at Wynton'

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