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Ep. 568: Steve Burns Interview with Michael Covel on Trend Following

Michael Covel's Trend Following

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The Psychology of Trading

The best way to make money is a compound capital over any timeframe. The psychology of trading is just as important as the systematic part of it, along with risk management. You can develop the greatest trading system ever while the markets close when you're sitting there fresh and you're a new trader. There are plenty of trading systems that are profitable over the long term but you got to find one, you can actually follow.

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