Ep. 654: No Real Magic with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Profit From a Trend Following Trading System
Exiting a winning position can be a challenge because you have to be comfortable with letting a trend run as far as it can. Trend following needs those home runs to pay for its whipsaw losses. Ed Sukota was once asked how much money someone should have before starting to trade. He responded, Good money management is equity and variant.
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