Ep. 630: Truth and Fantasy with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Be a Successful Trend Following Trader
We do not need to be sitting at desks acting like we're pilots waiting for each tick to come along as human beings with a discretionary authority to pull the trader. Trend following is not this. If you can't write that strategy out, then you're just trusting one individual,. Not the way to go in modern investing. We don't know anything about Bitcoin and David Ricardo cutting his losses because he can't know why.
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Transcript
