Ep. 598: Trading Legends Epic Episode on Trend Following Radio
Michael Covel's Trend Following
00:00
How to Be a Successful Novice Trader
Peter Navarrette: What advice would you give to novice traders, new traders? He says the biggest thing is you've got to be properly capitalized and limit your risk. It takes three to five years for somebody to make enough mistakes that they can actually put together an approach to the market which has a chance to succeed, he says.Navarrette: Expectations about trading are basically unrealistic; lead to too much risk taking.
Play episode from 01:30:04
Transcript
