Ep. 400: Special Tom Basso Compilation Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Make Money Trading Trends
Every single trade I get into I've got a two-thirds chance of losing money so if I take that on mentally and say okay I want to make that those two losses that I statistically know I'm going to get. For every three trades I do I'll get a profit profit will be bigger than the losses I make time over the long run it's that's what we're doing here you knowSo why would I be concerned over those small losses? trading is sort of like breathing they're both part of the breathing process you got to have in and out yeahI saw a line I just want to read it to you and tell me what you think about it so the quote was this
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