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Ep. 563: Mark Minervini Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Risk of Ruin

There is an absolute level that you really kind of need to stay above. I very rarely ever will go to 10%. 8% is pretty much my cap, but I'm a swing trader. Once you start getting down to 10%, you start working geometrically against yourself and the loss gets exponentially larger or the amount to recover.

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