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Ep. 742: Trend Following Fifth Edition with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Avoid Whipsaws

Traders call these back and forth swings Whipsaws. For example, you enter GOOG with a 2% stop loss. This means if you lose 2%, you exit. Period. Don't debate it. Secoda says the only way to avoid Whipsaws is to stop trading.

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