
Ep. 500: Charles Faulkner Special with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Risk
Salem: Risk is a feeling an estimate and a reality. That's as tough for people to accept when they're not exposed to it. And another of the strategies, one that I've picked up recently is the idea that that full and complete picture you have of that future, if you've got a way to poke a hole in it. The only thing you can control is how much you can lose and that's real risk.
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