Ep. 407: Dave Huss Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Scaling Up
The funny thing is the designs that I think are really good and I'm rooting for in the back of my head. Often times they just flop, one of those 1000 unit plus designs, I almost didn't even launch it because I didn't think it would work. So if I had let my intuition say, oh, that didn't work before, you shouldn't do it, I would have missed out on one of my best-selling designs. There's definitely a similarity there to trading as well. Another thing I think is interesting is the pyramiding concept or as you say scaling. And of course in your world you can't just put the whole position on, you've
Play episode from 19:39
Transcript
