Ep. 476: Commandments with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Power of Process Beats Outcome
The market price is right. If you're trying to argue with it, back to Dr. Phil's couch, you have to bet to win. Take a big risk if you want a big reward. No balls, no babies. However, as Larry Heights said, don't bet your deli to win a pickle. You got no control over the results. You can only control how much you are willing to lose. That applies to friends, family, relationships and business opportunities.
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