Ep. 742: Trend Following Fifth Edition with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Make Money Management Practices
Good money management practice is about finding the sweet spot between these undesirable extremes. Trend following by design makes small bet sizes initially. There are traders who are unwilling to risk more than one percent, but I would find it surprising to hear of any trader who risks more than five percent of assets per trade.
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