Ep. 515: Epic Trend Following Episode with Michael Covel
Michael Covel's Trend Following
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The Importance of Understanding Your Trading System
We trade once a day at London 1pm, and after we make those trades, we're done for the day. That's not a cavalier statement, that's just an objective factual statement. It's CM, deepest, most liquid time for our sex markets at 0.1,. We have to do it that way, because that makes it measurable. If we came in and decided for whatever reason, randomness would be a reason to trade at a different time every day, well, that would be kind of more difficult to measure. So, it's not arrogance, in terms of arrogance, I yield to no man, but there is a reason that we do things the way they
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