Ep. 749: Bill Wooditch Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Momentum in Business
When you're talking about a game, which is what I think that all people should turn or at least have a mindset that business is a game, there's going to be chance. And as you know, people fear loss. So we're loss of verse and they fear change,. Boy, you watch their knees start to shake together when you talk about change. But you have to take those chances. You have to have acceptable, acceptable ranges of loss and that gain comes from, and I think you'd agree, momentum.You're in position to win when you gain momentum, when you're in the game, you accept the small losses and you just keep moving forward.
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