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Ep 582: Peter Borish Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Risk Management

Hedge funds are in the business of managing risk, not trying to be right. Someone trading at home is completely different because they're not running a business. If you have a trading account, but it's only a small fraction of your net worth,. You may be willing to take much more volatility in that account. In a trend follower, the faster you make money, the worse it is for them.

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