Ep. 544: Serenity with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Risk Control
As the stops got farther and farther away in the case of silver, my risk got humongous. I think that a lot of people get caught up in the emotion of the thing and then they just think, well, that's what trading is all about. So if you can sit back and figure out how your buttons got pushed and figure out a way to round that, I think you were well served in trading to do that.
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