Ep. 542: Trading Psych Mega Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Controlling Loss
Most investors tend to leave about 50% of their gains on the table because of four behavioral decisions they make. This is over long periods of time and most investors just barely keep up with inflation. So this is me trying to say, look, you are the best predictor of your success or failure. so own that from the outset and don't blame it on the market.
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Transcript
