Ep. 394: Everyone Needs a Trading System to Profit with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Pros and Cons of a System
The system protects you from being a human. But being human allows you to be who you are. The question becomes what type of system do you want? What are the trade offs, the risks and the rewards? Sometimes a little piece of no system and imagination will help you trans the market. It does not surprise me however though that there are market voices out there which say they have no system at all. Those same types of voices will tell you it's intuition and that's how they make their decisions.
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