Ep. 941: Trend Following Perspectives with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Risk Management in Trading
Ainsley: It's really important that you learn from your losing trade, but also that you don't go bankrupt. Chainless talks about a short position he had that kept moving against him for a variety of reasons. He would actually reduce his position as the position moves against him. That helped him to limit the losses in that particular trader.
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Transcript
