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Ep. 544: Serenity with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Trade for Yourself

Tom Basso: Are you trading for yourself or for others? The answer to that might be to take a look at yourself and decide where your paying levels are. As long as I'm in a drawdown and it's an expected situation, I'd say the currencies are going sideways and I'm getting web sawed to death. That's what I would expect to be doing. You'll know where to buy where to sell but you won't answer the question of how much do I want to buy, how much doI want to sell.

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