Michael Covel's Trend Following cover image

Ep. 595: Jerry Parker Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The Importance of Leverage

When you're down 10% reduce your leverage by 20% and reduce all your future trades by 20%. You make your risk of ruin or getting to a certain drawdown level that might be ruined for your business less likely. So I'm just sort of saying that you can't fall in love with these systems. It's absolutely true that these are not religious experiences and things that you can rely upon.

Play episode from 18:42
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app