
Ep. 746: Trend Commandments with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Trade Smartly and Profitably
How do you determine how much to bet or trade each time? Trend followers make small bet sizes initially. Creative betting produces conservative performance, while betting bold can lead to spectacular ruin. Risking no more than 5% per trade is a sure way to the poor house. A trend-following system with an edge allows a smart betting scheme to amplify profits.
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