Ep. 64: The Pleasure Is To Play with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Trading Commandments: Trend Following
The first list I want to go through is the 10 most foolish things a trader can do. Try to predict the future movement of a stock and stay in it no matter what. Risk your entire amount, risk your entire account on one trade with no stop-loss plan. Have a winning trade, but no exit strategy to get out. Trade your opinions and not a quantified method.
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