Ep. 758: The Foundation of Good Trading with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Pros and Cons of Shooting for Average
There isn't a piece of literature in this planet that says for the limited time that we have on this planet you should shoot for average what is the point of shooting for average. If you take higher risk you can get possibly higher reward you also can lose more money but higher risk and higher reward compounded will beat the average over the long term absolutely look at the number one stock investor that we all want to look towards in america Warren Buffett knows he's going to take 50 percent drawdowns because he's trying to get rich. Ben: There is no proper way there is absolutely no proper way on how to invest or how to trade it's going to come down to you doing your homework determining
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