Ep. 762: A Wild Takeoff and Bezos the Trend Trader Revisited with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Avoid Type One and Type Two Errors
Mike Downey: Don't let a major trend in a market get away from you. One's whole year tends to be three or four good trades, if you miss one good trade, your year can go from good to bad. If the market is three to four ATR from the ideal buy point, you want to execute a defensive mover to get in," he says. "The big opportunity does exist. It is real"
Play episode from 11:25
Transcript
