Ep. 742: Trend Following Fifth Edition with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Trade Properly as Capital Increases
A hot portfolio keeps more at risk than does a cold one. Bold traders prefer and are able to take more heat, while more conservative traders generally avoid the circumstances they give rise to heat. One of the reasons traders don't trade proportionally as capital increases is fear. Don Capital speaks to the money as a way to keep score perspective.
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Transcript
