Ep. 977: Trend Following Kick Ass Reminder with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Risk Management
Ainsley: It's really important that you learn from your losing trade, but also that you don't go bankrupt. Janus talks about a short position he had that kept moving against him for a variety of reasons. He would actually reduce his position as the position moves against him and that helped him to limit losses in that particular trade.
Play episode from 13:08
Transcript
