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Ep. 653: Alexander Elder Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Benefits of Widening Your Time Horizon

If someone is glued to the screen all day long, they inevitably can start following the market instead of looking at it from a distance. The best buying opportunities occur at the point of maximum danger. So there are strong hands who buy low and then take profits high. And then there are weak hands who panic at the lows and get enough assurance to buy the highs.

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